Satellite owner says SpaceX owes $50 million or free flight

September 5, 2016 4:07 AM

28 0

CAPE CANAVERAL, Fla./JERUSALEM Israel's Space Communication Ltd said on Sunday it could seek $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 $205 million from Israel Aerospace Industries, which built the AMOS-6 satellite.

Read more

To category page