Elon Musk’s SpaceX has been approved by the Los Angeles City Council on Tuesday for building interplanetary rockets and spacecraft in a port of nineteen acres at Los Angeles in San Pedro. The approval for the thirty years lease agreement was given unanimously by the LA City Council for the rocket company to use for constructing the port’s dormant area.
Last month Mayor Eric Garcetti said that the company would be growing its area of operations at Los Angeles to Terminal Island. The CEO Elon Musk confirmed that SpaceX would be constructing a new facility for its manufacturing operations for the Big Falcon Rocket. As estimated, the rocket may be ready to get to the red planet by the year 2022.
As per a report received in April, the site was earlier used by the “Southwest Marine facility” for building battleships at the time of the World War II. The Hawthorne-based company’s proposal was approved by the Board of Harbor Commissioners in the month of April. After which it had to wait for the approval of the LA City Council.
Under the agreement of the terms of a lease, the spaceship company would not pay any charge for the manufacturing facility for near about two decades. SpaceX would rather receive forty million dollars as rental credits for the renovation of the area that had been desolated since the year 2005. After twenty years, SpaceX would have to pay nearly three million dollars per annum for the facility.
In accordance with a report, the harbor-side area would be best appropriate for the manufacture of the giant spaceships that would tend to be enormously big to be transported by road. The company would begin to build the facility in just some weeks or so. SpaceX has plans of erecting an eighty thousand square-foot facility at the port. Near about seven hundred employees reportedly would be working at the new site. As per its proposal, the spaceship company would even be storing gases like argon, nitrogen, helium, and oxygen in about twelve thousand gallon tanks.
SpaceX is noted as the fastest evolving suppliers of reusable spaceships for transporting satellites for organizations all over the world. The company has designed reliable rockets at lower costs as compared to many other companies. At the present, the company is all set for launching its new Falcon 9 “Block 5” booster on Thursday 10th May at the renowned Launch Pad 39A at NASA’s Kennedy Space Center located in Florida.