TO INFINITY............AND BEYOND.
n terms of business opportunity in New Mexico, the sky’s
Virgin’s plans may sound a bit pie in the sky, but a New Mexico official says the state is prepared to shoulder a big chunk of the $200 million tab to build a space-port because it will bring in an estimated $500 million in annual revenues. In addition to Virgin Galactic, the site will host X Prize founder Peter Diamandis’ annual cup and his Rocket Racing League (think NASCAR at 5,000 ft. up). Even NASA may send some business out West. The agency last week completed a study on creating incentives for private industry to develop a way to ferry people and goods to the international space station so NASA can focus on getting to Mars.
—By Clayton Neuman.
With reporting by Helen Gibson
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