Spacex - Rocket Program

[Bryancd]

Says a lot more then this is the end of Space X as we know it hyperbole. The economic reality is that Space X is the only game in town this far along in private lift vehicles.

[Rico]

Says a lot more then this is the end of Space X as we know it hyperbole. The economic reality is that Space X is the only game in town this far along in private lift vehicles.

I never said at all it's the end of SpaceX.  I'm just saying this probably will cost them some money unless the satellite can be pushed into the right orbit.

[davekill]

I'll bet Space-X had insurance.
Both parties wouldn't enter into a risky proposition such as this that can't be 100% guaranteed because I doubt their lawyers would let them.

Docking is no problem since Canada 'armed' the ISS :)
The capsule just gets close enough for the station to reach out and grab it
http://www.daviddarling.info/encyclopedia/R/Remote_Manipulator_System.html

[Bryancd]

I'll bet Space-X had insurance.
Both parties wouldn't enter into a risky proposition such as this that can't be 100% guaranteed because I doubt their lawyers would let them.

Oh, you betcha.

[Rico]

Looks like the satellite was destroyed.  Orbcomm had a insurance policy worth up to $10 million.  I wonder how much it costs to buy a $10 million insurance policy for a space flight?  Can't be cheap.

http://www.reuters.com/article/2012/10/12/space-spacex-idUSL1E8LCDL020121012