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Businesses Space Transportation

SpaceX Set To Create 300 New US Jobs and Expand Facilities 43

littlesparkvt writes The SpaceX manufacturing plant in McGregor, TX is set to spend $46 million on an expansion that would create 300 full-time jobs. SpaceX is proposing to invest $46.3 million in the site during the next five years. They will spend $32.4 million in real property improvements and $13.9 million in personal property improvements.
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SpaceX Set To Create 300 New US Jobs and Expand Facilities

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  • by Anonymous Coward

    And money.
    Besides, $34M is puny even by Texas standards. Here in N.Y. that can't even buy an election.

    • by Anonymous Coward

      I agree .... we need about 500,000 per month of new jobs for roughly a year to get to employment levels of 2007 or get the unemployment rate back down to 3%.

      But, these are SPACE jobs dude! I envy today's first graders because in high school on career day, they'll actually have a realistic option of a career in the space industry without NASA.

      And here is where my optimism - somewhat realistic - kicks in; maybe this is the industry that will soak up all the displaced workers from automation in other indust

      • We had those same concepts in the 1960's; then some dumb ass said, "feed the poor, first." Then some other dumb asses said, "we'll start some wars." If the same amount of money spent on these projects were spent on Space, we'd be disucssing this issue; in space.

        Administrative Note: Giving a person a job results in that person being able to obtain food. As more Solar, Wind, and Fuel Cell systems go up, even with post production problems, the cost of obtaining energy is going down.
    • by SpankiMonki ( 3493987 ) on Monday December 15, 2014 @08:24AM (#48599601)

      $34M is puny even by Texas standards. Here in N.Y. that can't even buy an election.

      I've got news for you, sonny...*New York* is puny by our standards. Yee Haw!!! [gunshots]

  • by Anonymous Coward

    McGregor facility is a testing facility - it is used to test rocket engines and complete stages. ...unless they are adding manufacturing to the site. I doubt they will, considering that the site expansion is mostly about adding SpaceX-controlled area around the test stands so they do not need to warn & clear those areas of local people - farmers mostly - before each test. Same reason (risk of testing Kaboom always present for such test facilities) would probably mean that one wouldn't set up expensive m

  • So... (Score:4, Insightful)

    by fuzzyfuzzyfungus ( 1223518 ) on Monday December 15, 2014 @08:16AM (#48599579) Journal
    Is this the local-chamber-of-commerce estimate for 'job creation', to be totted out when whoring for subsidies, or the actually shows up in the 'help wanted' section number?

    I have nothing against SpaceX in particular; but it is not exactly a secret that "Will create(or, sometimes, if you are a horrible human being 'grow') eleventy-zillion jobs!!!" is the earliest and most ubiquitous claim for any and all plans looking for tax breaks and zoning variances. Hell, when assorted professional sports teams are demanding that taxpayers build their stadiums because, um, reasons, they invariably manage to produce numbers alleging that a few janitorial and hot-dog seller positions will somehow be god's gift to the local economy, and totally worth the several hundred million dollars.
  • by Anonymous Coward

    I would be very interested in applying for something as cool as working for Space-X. I have experience in aerospace, software development, aerodynamics, cryogenics, embedded hardware development, and non-IP embedded network engineering.

    I would be. But.. Mcgregor, Texas? And are these jobs even real, or are they just ones that exist in the mind of PR-wonk? I'd have to relocate, learn a new language or two. I do not speak Texan, which might be a bit of a deal breaker. Would the benefits out weigh the costs?

    • I would be very interested in applying for something as cool as working for Space-X. I have experience in aerospace, software development, aerodynamics, cryogenics, embedded hardware development, and non-IP embedded network engineering.

      I would be. But.. Mcgregor, Texas? And are these jobs even real, or are they just ones that exist in the mind of PR-wonk? I'd have to relocate, learn a new language or two. I do not speak Texan, which might be a bit of a deal breaker. Would the benefits out weigh the costs?

      If you can get enough 'normal' people to live in a smallish area, you can carve out a small niche of humanity from the giant wasteland of Texas. It works for Austin, Richardson [wikipedia.org] (near Dallas) and, to a lesser extent, the region near the Johnson Manned Space Flight Center south of Houston.

      Besides, Texas has some real advantages. Guns, Country Music, err, and a couple more, just drawing a blank at the moment.

    • A lot of people put skins on the wall working in Los Alamos, NM.
  • by Anonymous Coward

    SpaceX is expanding, nice to hear. Now if they can just get an even shake at getting launch contracts I think we'll see more advancement in the next two decades then we've seen in the past four. Here's hoping that their coming reusability test flight (19th I believe) works out. If it works and they get enough launches a year out of Cape Canaveral they could probably buy an old oil rig and set it up permanently out in the Atlantic to recover first stages and ship them back to the cape for reuse.

  • by RogueWarrior65 ( 678876 ) on Monday December 15, 2014 @11:42AM (#48600797)

    I happened to watch the Barbara Walter albeit brief segment on Elon Musk last night and I was stunned that the mount of money he got not just for selling PayPal but for selling his first company to Compaq. Hundreds of millions of dollars. Not only have I never heard of that first company but Compaq doesn't exist anymore and who knows if HP is doing anything with what they acquired when the bought Compaq. I have the same questions about friggin' Instagram, Whatsapp, et al. Who decides what these companies are valued at and on what basis? It's clearly not based on company profits because many of them have no profits. In a lot of cases, the product or service that the company has isn't unique, is pointless fluff, or will be obsolete in short order. Or is it all about having representation, an agent or lawyer or whatever, that is able to convince others that their client is worth a lot like Hollywood agents do?

    • Re: (Score:2, Informative)

      by Anonymous Coward

      Whenever someone with a whole lot of money spends a big chunk on a company, and it looks nonsensical to you, this is an indicator of class divide. They know something that you don't. Very large sums of money don't come about unless someone is good at identifying things that make money. Occasionally, you see a massive whiff from a company into a new space where they had no business trying to make a product (think the HP touchpad or blackberry playbook) but these are pretty desperate engineering efforts from

    • by Teancum ( 67324 )

      Who decides what these companies are valued at and on what basis?

      It isn't magic. These larger companies like you mention who make these acquisitions make the decision to purchase the smaller companies because they think they can get even more money than the amount they are paying. It really is that simple.

      It certainly isn't some kind of grand conspiracy where a couple people in a smoke-filled room decide at random that somebody is going to become a billionaire or a millionaire like some sort of weird lottery system. These large companies also became large because they

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