Brownsville, Texas — According to state and local development sources, SpaceX plans to invest $100,000,000.00 to build out 329,493 square feet of new space in Brownsville. The company plans to occupy the new space at 52198 San Martin Blvd. in Brownsville, on or about January 1, 2025. According to the company website SpaceX designs, manufactures and launches the worlds most advanced rockets and spacecraft. The company was founded in 2002 by Elon Musk to revolutionize space transportation, with the ultimate goal of making life multiplanetary. SpaceX has gained worldwide attention for a series of historic milestones. It is the only private company ever to return a spacecraft from low-Earth orbit, which it first accomplished in December 2010. The company made history again in May 2012 when its Dragon spacecraft attached to the International Space Station, exchanged cargo payloads, and returned safely to Earth a technically challenging feat previously accomplished only by governments. Since then Dragon has delivered cargo to and from the space station multiple times, providing regular cargo resupply missions for NASA.

To learn more about SpaceX, visit http://www.spacex.com/

Company Contact:
Bret Johnsen, Chief Financial Officer
bret.johnsen@spacex.com
https://www.linkedin.com/in/bret-johnsen-1795126/
310-363-6220

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