Yes, there very obviously IS a conflict of interest.

“Conflict of interest” is not the same as “corrupt.” A person can have conflicted interests and still make totally valid, non-corrupt decisions. Even making a self-beneficial decision while having conflicted interests isn’t necessarily corrupt/bad.

“Conflict of interest” refers to the interests themselves, which are very obviously unambiguously conflicted here.

Government interests: spend as little money as possible for capability X

Starlink interests: capture as much money as possible for capability X

That’s a conflict regardless of what decision anyone makes and whether it was the right one.