SpaceX looses Falcon 1
Entrepreneur Elon Musk’s first privately built Rocket Falcon 1 was destroyed shortly after takeoff yesterday (March 25th, 2006).
Taken from http://en.wikipedia.org/wiki/SpaceX :
SpaceX reported that the rocket and its satellite were destroyed during the ascent after about a minute of powered flight. “We did lose the vehicle” , said Gwynne Shotwell, the company’s vice president for business development to reporters via a telephone link. “We do know that the vehicle did not succeed after that,” she said. “Clearly this is a setback but we’re in this for the long haul.”