Elon Musk’s net worth dropped by $22.2 billion on Tuesday, suggesting that the markets don’t have nearly as much confidence ...

Without citing evidence, Musk said the air traffic control communication system managed by L3Harris is “breaking down” and ...

The FAA is reportedly considering canceling a $2.4 billion Verizon contract for air traffic control upgrades because Musk's ...

The $2.4 billion contract was awarded to Verizon in 2023, according to the Post, and upgrades the systems that allow FAA ...

The sticker-shock warning came amid the unveiling of a new plan by the Trump administration to alleviate egg prices, which ...

Elon Musk said Thursday that Verizon’s efforts to provide a critically needed upgrade to the FAA’s air traffic control system ...

WASHINGTON >> Billionaire presidential adviser Elon Musk today falsely accused Verizon, a rival contractor of his SpaceX ...

At the same time, Musk has been trying to obtain a $2 billion contract now held by Verizon to run the FAA’s communications ...

Executives at major airlines told CNBC Thursday that they do not see the FAA infrastructure as an immediate safety risk.

The move comes after the Washington Post reported on Wednesday that the U.S. Federal Aviation Administration is close to ...