Desert Spaceport Launches Doubt Over Investment

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(Corrects spelling of Spaceport director Christine Anderson in video published on July 27.) Aug. 8 (Bloomberg) -- Located in Sierra County, New Mexico, "Spaceport America" will be the official home of Virgin Galactic, billionaire Richard Branson’s venture that proposes to take tourists into suborbital space. The 4-year-old project has cost New Mexico, the 10th poorest state in the U.S., $209 million in public money. This report includes comments about the Spaceport America project and its effect on New Mexico's economy from George Whitesides, chief executive of Virgin Galactic, Spaceport America officials, government officials and local residents. (Source: Bloomberg)


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