Final answer:
The statement is false. The Milky Way Galaxy is older than our solar system, with several billion years of existence before the solar system formed.
Step-by-step explanation:
The statement is false. Our solar system, which resides within the Milky Way Galaxy, was not formed at about the same time as the Milky Way itself.
The Milky Way is several billion years older than our solar system. While the Milky Way formed approximately 13.51 billion years ago, our solar system came into existence around 4.6 billion years ago.
This means that the Milky Way had already gone through several galactic years and cycles of star birth and star death before our solar system was born.