Space X insurance News

SpaceX Keeps Insurance Terms Secret

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 …

SpaceX Explosion Draws Attention to Insurance for Rocket Science

When the SpaceX rocket exploded on a Florida launchpad Thursday, the first thought that probably came to mind was thank heavens there weren’t any astronauts on board. The second may have been: Who’s going to pay for all this? The …