Laredo, TX (June 17, 2026) – A small plane crash near Laredo on Tuesday night, June 16, claimed the life of Capital Factory co-founder and CEO Joshua Baer.
Officers responded to Loop 20 near the Texas-Mexico border shortly after 10 p.m. after a business jet carrying six people crashed in the area. According to federal officials, the aircraft departed San José del Cabo, Mexico, and was en route to Austin when the crash occurred. One person aboard the plane was killed.
On Wednesday, Capital Factory confirmed that Joshua Baer was the victim who died in the incident. Reports indicated that a vehicle on the roadway was also struck during the crash. One person from that vehicle was transported to a hospital for treatment. Details regarding the extent of that person’s injuries have not been released.
The cause of the crash has not yet been determined. The incident remains under review by federal investigators. We extend our sincere condolences to the family, friends, and colleagues of the deceased.
What Information Is Typically Reviewed After a Small Plane Crash?
Aircraft crash investigations involve a detailed examination of flight data, aircraft maintenance records, weather conditions, and communications before the incident. Investigators work to establish a timeline of events and determine what factors may have contributed to the crash.
The condition of the aircraft wreckage, witness statements, and evidence from the crash site are also reviewed. Investigators may analyze engine performance, navigation information, and operational records to better understand the aircraft’s final moments. These reviews can take months to complete, especially when multiple agencies are involved and extensive technical analysis is required.
