Yes, that is indeed a moose hanging 50 ft in the air, suspended from a power line by his 62" antlers.
"The moose apparently got its antlers tangled in electrical wire before workers farther down the line pulled the line tight," the Fairbanks Daily News reports.
"The prevailing theory is that the moose came across the sagging and swaying wires and, in a testosterone-filled moment, decided to challenge the power line to a fight, as bull moose are known to do during the rut, or mating season."
"It's just an unbelievable story," said Gabriel Marian, president of City Electric Inc., the contractor erecting the power line to the mine. "The only unfortunate part is we had to shoot the moose."