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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.
Facebook to beam free internet to Africa via satellite
Facebook has made it clear that satellites will play a big role in delivering its free internet initiative to people across the globe, but talk of a rollout has been pretty limited. That changed today after the company announced it's teamed up with French communications specialist Eutelsat to beam connectivity to more than 14 countries in the most densely populated parts of Sub-Saharan Africa.
