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Unconfirmed and leaked statements made by Elon Musk at a National Reconnaissance Office presentation on October 13 suggest that the investigation is getting close to identifying the cause of the September 1 Falcon 9 launchpad explosion.
“It might have been formation of solid oxygen in the carbon over-wrap of one of the [helium] bottles in the upper stage tanks,” according to an excerpt of Musk’s remarks. “If it was liquid, it would have been squeezed out. But under pressure it could have ignited with the carbon. This is the leading theory right now, but it is subject to confirmation.”
Musk’s is also reported to have said that they found they could “…exactly replicate what happened on the launch pad if someone shoots the rocket.” He also dismissed this as a likely cause, though it has forced them to review their future launch security measures.
The article provides some very good additional analysis of the solid oxygen theory above. It suggests that though much of this technology has been used somewhat routinely in the launch industry for years, the specific environment used by SpaceX in its Falcon 9 rocket might have produced a new situation that caused the failure.