LAREDO, TX—A small business jet crashed on a highway in Laredo on October 3, 2023, claiming the life of entrepreneur Joshua Baer, 50.
Authorities reported that Baer was aboard the jet when pilots requested an emergency landing due to mechanical issues shortly before the crash. Three individuals survived, although their identities have not been confirmed as family members.
Emergency responders, including local fire and police departments, were dispatched to the scene. Lane closures were implemented for the investigation and recovery efforts.
Baer, the founder of Capital Factory, was a prominent figure in Austin's technology sector, known for nurturing startups and fostering innovation. According to reports, he had a wife and three children. His contributions to the community were recognized when he received a key to the city earlier this year.
Witnesses reported seeing smoke rising from the aircraft shortly before it went down. The National Transportation Safety Board (NTSB) is investigating the crash, and further details are anticipated as the inquiry unfolds.
Baer, originally from Pittsburgh, had moved to Austin in 1996. He was celebrated for his belief that technology could drive positive change in communities. Texas U.S. Senators Ted Cruz and John Cornyn expressed their condolences, highlighting Baer's impact on Austin's entrepreneurial culture.