Live Update 
From the Liveblog of
Thursday, September 1, 2016
From the Liveblog of
Thursday, September 1, 2016
Shares in Israeli satellite operator plummet after SpaceX blast
Add ToI as a Preferred Source on GoogleIsrael’s Spacecom satellite operator sees its share price on the Tel Aviv Stock Exchange fall steeply after the Amos 6 satellite is destroyed in a blast at a SpaceX launch pad in Florida earlier today.
The stock starts the day at 4,289.00 shekels, but begins climbing steadily in anticipation of Saturday’s planned satellite launch. It reaches a high of 4,346.00 before tumbling to a closing price of 3,895.00 shekels after the blast, an 8.88% drop.
The satellite, like its five predecessors, was built by Israel Aerospace Industries.
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