Spacex Gets 10-year Tax Exemption For Texas Site

BROWNSVILLE, Texas (AP) — Cameron County commissioners have agreed to waive 10 years of county taxes as part of an agreement bringing the world's first commercial site for orbital rocket launches to the southernmost tip of Texas. The county's governing board on Thursday also approved a draft of an economic agreement with Space Exploration Technologies Corp., also known as SpaceX.

Topics:  ap    cameron county   space exploration technologies   corp   spacex   texas   tax   site   agreement   
BING NEWS:
  • Musk's SpaceX is quick to build in Texas, slow to pay its bills
    SpaceX's recent expansion has benefited several rural areas in Texas – particularly around Boca Chica, a community east of Brownsville, in Cameron County. With the help of a 10-year tax ...
    05/13/2024 - 3:57 am | View Link
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