13-01-2017 21:47 via uk.news.yahoo.com

SpaceX 2015 accident cost it hundreds of millions: Wall St. Journal

CAPE CANAVERAL, Fla. (Reuters) - - Elon Musk’s SpaceX lost more than a quarter of a billion dollars in 2015 after a botched cargo run to the International Space Station and the subsequent grounding of its Falcon 9 rocket fleet, The Wall Street Journal reported on Friday. The accident derailed SpaceX’s expectations of $1.8 billion in launch revenue in 2016, an analysis of the privately held firm’s financial documents showed, according to the Journal, which said it had obtained t
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