{"id":152783,"date":"2026-06-11T11:30:07","date_gmt":"2026-06-11T11:30:07","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=152783"},"modified":"2026-06-11T11:30:07","modified_gmt":"2026-06-11T11:30:07","slug":"who-pays-when-rockets-explode-china-insures-spacexs-rivals-in-orbital-race-against-us","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=152783","title":{"rendered":"Who pays when rockets explode? China insures SpaceX\u2019s rivals in orbital race against US"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostThis is part of a series on the global impact of SpaceX\u2019s historic IPO, tracing how mainland Chinese investors\u2019 strategies, the Hong Kong market and wider capital flows are being reshaped by Elon Musk\u2019s trillion-dollar rocket gamble.<br \/>\nIn 2016, a SpaceX rocket carrying a satellite blew up during a test, destroying on-board equipment and surrounding facilities worth millions of US dollars.<br \/>\nFortunately, the satellite operator, Israel\u2019s Space Communications, had an insurance policy worth almost&#8230;<a href=\"https:\/\/www.scmp.com\/tech\/article\/3356718\/who-pays-when-rockets-explode-china-insures-spacexs-rivals-orbital-race-against-us?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostThis is part of a series on the global impact of SpaceX\u2019s historic IPO, tracing how mainland Chinese investors\u2019 strategies, the Hong Kong market&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/152783"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=152783"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/152783\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=152783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=152783"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=152783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}