The Presidential Daily Brief

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  1. Spacex

    Firm Demands Restitution From Musk After Explosion

    Is he bringing the private space industry down with him? Elon Musk’s latest SpaceX rocket exploded during prelaunch tests last week — and the blast is still reverberating for Israeli firm Space Communication, or Spacecom, which saw shares decline 9 percent and is demanding either $50 million or a free flight to space from SpaceX. When Spacecom’s Amos-6 satellite was destroyed, it also blew a hole in the firm’s $285 million deal to sell itself to Beijing Xinwei Technology Group, and while Spacecom’s renegotiating, its value is expected to fall by $30 million.

    Personal Space Issues

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