Texas county grants SpaceX no-tax land deal
DOI: 10.1063/PT.5.028198
Ars Technica : The deal that SpaceX is expected to sign to establish its commercial space launch center outside of Brownsville, Texas, exempts the company from paying county taxes for 10 years. According to the Brownsville Herald, the company is also receiving a total of just over $15 million from various state funds. The company estimates that establishing the facility will cost $85 million. Brownsville is one of the poorest cities in the US, based on median household income and poverty rates. SpaceX’s facility is expected to add only 300 jobs locally, but secondary facilities that other companies will establish to support the spaceport will likely provide a further bump to the local economy.
