SpaceX faces $50m claim for satellite lost in launch pad blast

The Falcon 9 rocket exploded during a rehearsal of its launch at Cape CanaveralReuters

The Israeli owner of the satellite that exploded on the launch pad last week has demanded $50 million from SpaceX or a free ride on its next rocket.

Officials at Spacecom said that they would seek compensation from Elon Musk’s company. They could also receive up to $200 million from the satellite’s manufacturer, Israel Aerospace Industries (IAI), which insured it.

The satellite, Amos-6, was to have been used by a number of companies, including Facebook and Eutelsat, which leased broadband space to provide internet service to parts of Africa.

The Falcon 9 rocket carrying it blew up on Thursday during…

from Department of Private Space Inc.