SpaceX gets 10-year tax exemption for Texas site

Published August 22, 2014 12:30pm ET



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.

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