Monetary value of a human life in a rocket crash is $3 million: FAA - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

$3 million is what your life is worth if you're killed in a rocket accident, according to the FAA. Here's why government auditors say that number is a problem.

noted some progress on the matter, but found the FAA still under-prioritizing the matter and, as of publication, the agency is still using the $3 million figure.

"What if it's a really, really, really bad day, and the losses add up to more than that amount?" Nield said of the total $2 billion. More than two years after the GAO filed what appears to be its latest report, the FAA is still using $3 million as its cost-of-casualty amount as other upcoming launch systems, like Starship and Blue Origin's New Glenn and New Armstrong rockets, move toward reality.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Everybody dont click!!!! BI must disclose that this is a prime article. They tricked us. Dont click!!

Wow! I’m a millionaire yay.........oops wait, that’s not good. 😜🤪😜🤪. Fly me to the Moon......

Curious 🤔 My wife just filled out application for me to go into outer space.

What's your life worth if you get whacked by a Crosstown bus in NYC

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AT&T sets its future course after Q4 earnings - Business Insider - Business InsiderAT&T's mediocre Q4 2019 earnings shed light on the company's plan to intertwine its media and connectivity businesses while reducing its debt. super!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Facebook's Oversight Board to be ready by summer - Business Insider - Business InsiderFacebook likely hopes to regain trust among stakeholders by creating a board that is both representative and transparent in its decision-making
Source: BusinessInsider - 🏆 729. / 51 Read more »