AcidPenguin9873 (911493) writes Today, Texas Gov. Rick Perry and SpaceX CEO Elon Musk announced that SpaceX has chosen a site at Boca Chica Beach, Texas, as the location where SpaceX will build its rocket launch facility. The Boca Chica site, at the southern tip of Texas near Brownsville and South Padre Island, had been competing with sites in Florida, Georgia, and Puerto Rico, but had been named the frontrunner to land the site by Musk when he testified to the Texas state legislature in 2013. The spaceport will be the first privately-owned vertical rocket launch facility in the world, and will target commercial customers. State and local governments have pledged to provide a total of about $20 million in incentives to attract SpaceX to the site.