SpaceX to build South Texas rocket launch siteSpaceX to build South Texas rocket launch sitehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=34632014-08-05T15:21:00Z2014-08-05T00:00:00Z

BROWNSVILLE - 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 US-Mexico border.

Gov. Rick Perry's office said Monday that 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.

The Greater Brownsville Incentives Corp. committed an additional $5 million to the project. Over a ten-year period — longer than the state's incentive program — Brownsville expects SpaceX to create 500 jobs.

Associated Press
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