Texas County Approves Incentives Package for SpaceX

Grasshopper on the pad in Texas. (Credit: SpaceX)

Coryell County commissioners in Texas have approved a package of incentives designed to encourage SpaceX to expand its footprint.

The agreement would provide incentives to stimulate, encourage and develop business location and commercial activity in Coryell County in return for which SpaceX would have to maintain a payroll of about $2 million for employees who live in the county.

SpaceX hasn’t publicly announced any plans to expand beyond the more than 4,000 acres it now leases from the City of McGregor, but if the private space exploration company were to expand across the McLennan County line, Oglesby is the community closest to the rocket motor testing facility.