MCGREGOR, TEXAS – Space Exploration Technologies (SpaceX) and the City of McGregor have signed a lease agreement allowing SpaceX to expand the size of its rocket development facility in McGregor—between Austin and Dallas.
Under the deal, SpaceX will lease 631 acres — the equivalent of almost 500 football fields — for its test facility. The new lease will more than double the size of the current 256 acre site on the Western edge of the City of McGregor, and will last roughly 10 years, from February 2011 to January 31, 2021.
“Our Texas rocket development facility is critical to our operations,” said Elon Musk, SpaceX CEO and Chief Technology Officer. “This lease will allow us to move forward on the growth we have planned for Texas. SpaceX already has more than $2.5 billion in launch contracts for us to carry out over the next few years – McGregor is going to be a very busy place.”