Satellite Owner Says SpaceX Owes It US$50 Million Or Free Flight

Israel’s Space Communication said on Sunday it could seek US$50 million or a free flight from Elon Musk’s SpaceX after a Spacecom communications satellite was destroyed last week by an explosion at SpaceX’s Florida launch site.

Officials of the Israeli company said in a conference call with reporters Sunday that Spacecom also could collect US$205 million from Israel Aircraft Industries, which built the AMOS-6 satellite.

Read the full story on Fortune here.

from Department of Private Space Inc.