SpaceX to Build Rocket Launch Site in South Texas
SpaceX will build the world's first commercial site for orbital rocket launches in the southernmost tip of Texas.
The state of Texas added $15.3 million in incentives to the geographic value of a location east of Brownsville that will allow SpaceX to have greater control over the timing of its launches. The company has said it plans to launch 12 rockets a year from the Boca Chica Beach, a short walk from the Gulf of Mexico and just a couple miles north of the U.S.-Mexico border.
Gov. Rick Perry's office said Monday it will provide $2.3 million from the Texas Enterprise Fund. The state will offer an additional $13 million from the Spaceport Trust Fund to the Cameron County Spaceport Development Corp. to pay for infrastructure development.
SpaceX plans to make an $85 million investment and create 300 jobs. The company already has a rocket testing facility in McGregor that employs 250 people.
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