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SpaceX asked to pay $50 million after losing a satellite
SpaceX may have to deal with more than equipment losses and Mark Zuckerberg's disappointment in the wake of its launchpad explosion. Spacecom, which owned the AMOS-6 satellite destroyed in the incident (and part of Facebook's free internet plans), is asking SpaceX for either $50 million or a free flight as compensation. The loss will have a large impact on Spacecom's bottom line, as you might imagine. The Israeli firm is estimating that it'll lose between $30 million to $123 million in equity.