It was a hazy summer day and there was to be a launch of some sort of rocket/space probe. However unlike the launches that are in Cape Canaveral or Houston, this one was visible from the city that I was in. I was standing in the downtown area of an unnamed mid-sized city-- not sure where it was exactly. There were many pedestrians out and about, it was pleasant weather and we were all watching the launch from the street.
The rocket launched, and as I saw it rising above the buildings, it was unusual. It was much smaller than the usual rockets, and it had what appeared to be a partial backwards parachute billowing around the middle of the rocket. The rocket tip was penetrating through the parachute opening -- the parachute had a hole in the middle where the rocket’s nose was going through. It was not a tight fit, but rather this “parachute” and it’s opening were held in place by guy wires, and the pressure of the rocket blast was somehow heating the air enough so that it was apparently keeping the backward “parachute” inflated by air pressure (this does not seem possible according to the laws of physics, but that is what it was doing in this dream, nonetheless)
As I saw the rocket rising above the buildings, I had a terrible premonition that this launch was going to turn into a disaster. The rocket seemed to be wobbling ever so slightly, and then suddenly a cloud/fog rolled in right above the buildings and concealed the rocket. Then, just as suddenly as the fog rolled in, it rolled back again and I could see that the rocket was now returning to the earth in an increasingly aberrant path, as if it had gotten turned around in the fog cloud so its nose was pointing downward on an angle toward the earth. Soon the rocket crashed somewhere nearby where I could not see (perhaps a mile or two away). Then I saw all these scenes of molten lava-like fuel scattering throughout the streets of the city. For some reason i was not experiencing the physicality of this disaster, but only observing it in various places. The molten fuel would roll in no deeper than waist level toward the pedestrians, sometimes only ankle deep, sometimes only in clumps, but it was extremely dangerous. As soon as it would touch a pedestrian they would die and wilt-- no matter if it was ankle deep or waist deep. The lethal effects of this molten lava-like fuel were not anticipated by the pedestrians: it was viewed as dangerous, but not realized as lethal until the last few seconds of life for each victim. There were brothers dying instantly, holding each other; man and wife dying instantly holding each other; other groups of people dying and withering, single people dying and withering-- for everyone it was the same: death a few seconds after being touched by the molten lava fuel.