[ChuckMcM]

That article raises an interesting point I really hadn't considered, who owns the first stage? If you pay "full price" for a launch and SpaceX recovers the first stage to re-use, did the person who paid to launch it own it or does SpaceX? It was presumed lost of course. No doubt there is language in the contracts about that. Would be interesting to see a launch contract.

[Alain-lf]

SpaceX own the first stage.

You pay to get your payload delivered to a specified orbit. You don't actually buy the rocket.

It's like flying, you buy a ticket, not the plane.

[ChuckMcM]

Just for reference, I got an inside look at what it took to get OSCAR16[1] launched and it isn't like flying :-). Now I don't doubt things are more streamlined now but every launch starts with a basic contract and that contract has to cover everything from contingencies to insurance to liability to disposal.

Trying to search for a boilerplate launch contract I found an article[1] where it discusses that Spaceflight Industries bought a Falcon 9 launcher [emphasis mine] which suggests that one buys the entire rocket. That would imply that if they land it, you still own it does it not? Can you then go over to the landing zone pick up your rocket and resell it for parts to offset your original purchase price? :-)

I am really confident that ownership of the first stage is covered in the launch contract if it is returned to the landing field. And the math there would no doubt be really interesting to an insurance company since you have the possibility that the launch is a success and the first stage lands, the launch is a success and the first stage crashes, the launch effectively fails (second stage failure) but the first stage successfully returns, and both stages are lost. That is a number of different outcomes to insure.

Frankly my mind is boggling at the potential legal complexity here.

[1] https://en.wikipedia.org/wiki/AMSAT-OSCAR_16

[2] "SpaceIL has purchased launch services from Spaceflight Industries; an American space company who recently purchased a SpaceX Falcon 9 launcher and will manifest SpaceIL’s spacecraft as a co-lead spot, " -- http://lunar.xprize.org/press-release/israeli-google-lunar-x...

[lmm]

I think the real answer is that there will be a complex contractual relationship that "ownership" is too simple to describe, in either direction. E.g. I say I "own" my flat, but actually I am a shareholder in a company that owns the building and have a lease contract with that company (this is the standard (only?) way of "owning" a flat in the UK, because multiple flats stand on the same piece of land - you can't truly "own" something you don't have the right to destroy, but obviously you don't have the right to destroy a flat with someone else's above it).

> And the math there would no doubt be really interesting to an insurance company since you have the possibility that the launch is a success and the first stage lands, the launch is a success and the first stage crashes, the launch effectively fails (second stage failure) but the first stage successfully returns, and both stages are lost. That is a number of different outcomes to insure.

The insurance industry already deals with far more complex scenarios. A ship on an ocean voyage will often have the hull and cargo insured separately, different loss layers insured separately (e.g. first 10% of losses, 10-20%, 20-100% all separate), with multiple underwriters on each layer (and sometimes the same underwriter on multiple stamps).

[arethuza]

"this is the standard (only?) way of "owning" a flat in the UK"

Maybe in England - its never worked like that for any flat I've owned here in Scotland, we have completely separate legislation covering such things:

http://www.gov.scot/Topics/Justice/law/17975/11023

[pbreit]

I think you might be getting hung up on sloppy wording or a one-off situation. Clearly SpaceX owns its rockets and customers pay for the delivery of payloads.

[igravious]

I see what you mean and a literal reading of those words implies ownership but what if the intended meaning was that they were the sole occupant/tenant on that flight? My gut feeling is that the rocket company owns the rocket.