After explosion, SpaceX satellite customer says it's due $50 million or a free ride

The costs of the SpaceX rocket explosion Thursday are starting to roll in.

The customer whose satellite blew up with the rocket, Space Communication Ltd., based in Israel, said in a conference call Sunday that it could seek $50 million or a free flight, according to a Reuters report.

The company also said it could collect $205 million from the satellite’s builder, Israel Aerospace Industries.

Asked for comment, SpaceX said it doesn’t disclose contract or insurance terms.



from Department of Private Space Inc.