I’ll link to a much better researched article on how this will impact the industry: http://spacenews.com/falcon-9-explo… There are probably AMOS spares, and Facebook was just buying bandwidth off the satellite, they didn’t own it. The launch failure rate in the industry is around 5%, and many satellites have been…

Looks like it wasn’t insured during the test. Another Space News post indicated that there was some controversy over putting payloads on for the tests, but Musk wanted to speed up launches.

Check out Peter de Selding from Space News

Disclaimer: I’m in space policy, and just went to a panel with a bunch of insurers on it. Yes, they do insure these things. They assume a 5% failure rate for dependable launch vehicles, and about 1/3 for any new launch vehicles. Not everyone buys insurance, but anyone with a payload that’s not easily replaceable…

You're a few decades behind. Lagos isn't the capital; Abuja is.