Skip to main content
  1. Home
  2. Emerging Tech
  3. News

Owner of fried satellite may ask SpaceX for $50M or a free flight

Add as a preferred source on Google

When its Falcon 9 rocket exploded on the launchpad last Thursday, it wasn’t only SpaceX’s mission plan that went up in smoke.

Facebook and Israel-based Spacecom saw their jointly operated internet-giving satellite destroyed, too. And now Spacecom says it may ask SpaceX to cough up $50 million to pay for its loss. Alternatively, it could request a free place on its next launch.

Recommended Videos

Company officials revealed Spacecom’s possible course of action in a conversation with Reuters on Sunday.

The satellite operator said it could also collect $205 million from Israel Aerospace Industries, which built the now-destroyed Amos-6 satellite.

Spacecom’s planned merger with Beijing Xinwei Technology Group has also been thrown into doubt by the explosion. The Chinese company in August agreed to buy Spacecom for $285 million, but said the deal depended on the successful launch and operation of Spacecom’s satellite.

SpaceX told Reuters it doesn’t reveal information relating to insurance terms or contracts with firms that use its space flights, so at this stage it’s unclear as to how the private space company will deal with any claim from Spacecom.

Facebook

The Amos-6 satellite, which Facebook was leasing from Spacecom, marked the first step in the social networking giant’s plan to bring low-cost internet connectivity to remote parts of the African continent. Facebook CEO Mark Zuckerberg, on hearing of the rocket’s demise, was quick to express his frustration, saying he was “deeply disappointed to hear that SpaceX’s launch failure destroyed our satellite that would have provided connectivity to so many entrepreneurs and everyone else across the continent.”

The explosion happened as SpaceX was filling its Falcon 9 rocket with fuel, and investigators are currently trying to determine its cause.

It’s the second launch failure for Elon Musk’s SpaceX company in just over a year, and is a serious setback in its long-term goal to build an efficient – and reliable – reusable rocket system to drastically reduce the cost of future space missions.

SpaceX has been making excellent progress in its efforts to land rockets back on terra firma shortly after liftoff, but now its attention will be fixed firmly on the initial part of the mission. After all, with so much expensive equipment on board, multiple companies relying on your technology, and your reputation at stake, any catastrophe like the one that hit the company last Thursday is clearly one too many.

Trevor Mogg
Contributing Editor
Not so many moons ago, Trevor moved from one tea-loving island nation that drives on the left (Britain) to another (Japan)…
The AI game-dev boom has a dark side: fewer jobs for the people starting out
Solo creators are thriving with tools like Claude Code and Copilot, but entry-level game roles are disappearing.
Man playing a video game on a desktop with glowing red and blue lights

AI is making it easier than ever for a single person to build a game. That sounds like a win for creativity, and in many ways, it absolutely is. But there is a catch. As generative AI tools help solo developers and small studios do more with fewer people, the same shift is making life tougher for writers, artists, concept creators, and junior programmers trying to break into the gaming industry.

AI is giving solo developers superpowers

Read more
A new AI model wants self-driving cars to think before they swerve
Forget guessing games, this self-driving AI actually shows its work.
Self driving car

Self-driving cars have gotten pretty good at driving. The harder problem is teaching them to drive safely in situations nobody planned for. We have heard horror stories of self-driving cars, behaving erratically in emergency situations, often times delaying first responders from reaching the scene.

A team at Seoul National University, led by professor Jun Won Choi from the Department of Electrical and Computer Engineering, thinks they have cracked part of that puzzle with a new AI model called SafeDrive. The research was recently selected as a highlight paper at CVPR 2026, a distinction that goes only to roughly 3% of all submissions.

Read more
An AirPods-sized mini lab could help catch disease markers in minutes
Meet VPodDuo, an AirPods-sized molecular testing gadget
VPodDuo Mini Medical Device

Home testing could eventually become a lot more convenient. Researchs at the at the University of Illinois Urbana-Champaign has developed the VPodDuo, a pocket-sized fluorescence reader designed to measure sensitive molecular tests outside a conventional laboratory.

Its housing is roughly comparable in size and shape to an AirPods charging case, while Bluetooth connectivity sends results directly to a smartphone. Meaning, you might not have to wait in line anymore.

Read more