All of them are customers of the Space Exploration Technologies Corporation, or SpaceX, whose rocket exploded in Florida. The private space launch company, led by the entrepreneur Elon Musk, has a generally solid safety record. If the SpaceX launch timetable is delayed by a few months, industry analysts say, its customers will probably wait. In addition to the damaged launchpad, SpaceX has two others under construction. One business casualty of the explosion is the $285 million sale of Space Communications, an Israeli satellite operator, to a unit of a Chinese company, Xinwei Technology Group.

Source: New York Times September 05, 2016 01:07 UTC