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The Wall Street Journal: Spaceport race is on as municipalities woo the likes of SpaceX and Bezos’s Blue Origin

Camden County, Ga., played a bit phase in aerospace historical past as house to a 1960s plant that built and examined NASA rocket motors. Now, county leaders want to revive that heritage with a brand new business spaceport.

“We will also be a part of the brand new house race in the 21st Century,” mentioned Steve Howard, undertaking leader and the Camden County administrator.

The world house industry, together with govt and business activities, reached $384 billion in 2017, when put next with $207 billion in 2007, according to Space Foundation, a nonprofit advocacy workforce. It may just best $1.1 trillion by means of 2040, Morgan Stanley Research estimated ultimate 12 months.

Companies like Jeff Bezos’s AMZN, -Zero.64%   Blue Origin LLC and Elon Musk’s TSLA, +Zero.86%   Space Exploration Technologies Corp., or SpaceX, are making an investment thousands and thousands of bucks and seeking to prepared the ground in a space gold rush. The Trump management has emphasised a rising position for the private sector in house exploration and this week presented a plan for a sixth army branch dedicated to house.

Local and state officials across the U.S. are seeking to get in at the action.

Related: Pence says Trump management needs its ‘Space Force’ operational by means of 2020

Read: Trump’s Space Force is seeking an emblem, and the web is going ballistic

There are now 10 authorized business spaceports in the U.S., from Alaska to Florida, double the number in 2004. Some of them grew out of current govt release sites. At least two different proposed spaceports are under federal evaluate: Spaceport Camden and Spaceport Colorado, in Adams County, Colo.

An expanded version of this report seems on WSJ.com.

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