Apparently there didn't seem to be anything wrong with the jet (no smoke, no visible fire, was perfectly gaining altitude too), and given that it was still going up (for some time) even after the pilot ejected, I can safely assume that the plane could have been saved by a more seasoned pilot...
Having said that, it could be that the pilot himself might have suffered some problems, because they had to take him on a stretcher (you dont need a stretcher at least after having ejected from a plane)..maybe he blacked out or something
Or could it be the evil eye of those suckers making the video?