Spaceport America & NM Money
The grand opening was celebrated in 2011. However, the promises made years ago turned out to be sky high. Today, the spaceport sits mostly vacant. The Spaceport cost $218,000,000 to build. It now loses about $500,000 each year. Security and Fire Protection alone costs more than two million dollars each year. The taxpayers of two local counties taxed themselves to help pay the bills but have seen no benefit from the nearly idle spaceport.
Spaceport America is an idea that is long before its time. What is the future of space tourism when the cheapest flights start at $95,000 $150,000? Just how many people can afford the $200,000 (now $250,000) that Virgin Galactic will charge?
How many space tourists does it take to pay off a $218 million Spaceport?
How many space tourism spaceports already are licensed?
Are there space tourism spaceports in other countries?
Even Richard Branson opened his own spaceship factory in California. Is there any guaranty required of spaceport operators to make sure they deliver the job?
How could the State of New Mexico put all its eggs in one basket with a single customer?
Could Spaceport Camden lease its grounds for car commercials like Spaceport America is having to do to generate income?
How long will the two counties have to pay a higher tax to subsidize Spaceport America?
Could this be the fate of Spaceport Camden?
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