44. The Tragic Demise of Space Shuttle Columbia
Year: 2003
Location: Texas
Company: NASA
Estimated Damage Value: $6 billion*
In February 2003, the Space Shuttle Columbia disaster underscored the grave risks of space travel, claiming the lives of all seven crew members during a catastrophic re-entry incident, highlighting the inherent dangers of shuttle missions.

During its launch, Columbia was struck by a detached foam piece from its tank, severely damaging the left wing. This critical damage led to the shuttle’s disintegration upon re-entry, resulting in $6 billion in damages and halting NASA’s launches for two years.