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A video that appears to show a missile launch off the coast of California is so far "unexplained" by anyone in the military, a Pentagon spokesman told reporters Tuesday -- but what seems mysterious could be nothing more than an airplane.

Federal officials do not consider the event a threat. And they aren't the only ones.

If the Feds can't solve it, Fox can?  Things just get more surreal by the day.  To read the rest of this MSMBS, click here.