About 3 minutes in the vehicle appeared to explode. At the time it was ~15km downrange, going 1km/s and around 35km up in the atmosphere.
UPDATE: Contingency press conference scheduled for 12:30pm EST- NASA TV said they wouldn't have much to update before then.
Who pays for the expense of these types of failures? Does SpaceX have some sort of 3rd party insurance from a private insurer or are they insured by NASA or another branch of the US gov?
How much is the equipment that got destroyed worth? If this happens multiple times in a short space of time as it seems to have recently does the cost of insurance go up for every launch? Does their analysis of data have any impact of the cost of insuring future launches?