Elon Musk, the chairman of SolarCity (SCTY) and CEO of Tesla Motors (TSLA) , has another company to take up his time: SpaceX. Although SpaceX is a private company, it still garners a lot of news, and not all of it good.
Case in point: the Sept. 1 explosion of one of its rockets on the launch pad at Cape Canaveral in Florida.
The ensuing investigation has not led to many explanations as to why the rocket suddenly exploded. Musk to took to Twitter, calling the explosion the “most difficult and complex failure we have ever had in 14 years.”
Musk added that the “engines were not on and there was no apparent heat source.” SpaceX asked the public to send any photos or videos of the explosion to the company in order to aid in the investigation.
Theories on why the rocket blew up range from a simple engineering flaw to fly-by sabotage. Strange as this may sound, the sabotage idea is being fueled by inconclusive video that appears to show an object hurtling past the rocket at around the 10-second mark.
Although not evident in the linked video, Musk cited a “bang” sound in his tweet. At some point we’ll learn the source because the truth is out there.
Shares of Samsung (SSNLF) were hitting new all-time highs just last month. However, the company suffered a major blow on reports over the company’s new Galaxy Note 7 smartphone. Like that SpaceX rocket, your phone could catch fire.