SpaceX Breaks Ground on Texas Rocket Launch Site Christopher Sherman - The Associated Press
go to original September 24, 2014

A sign indicating the future site of SpaceX launch site is placed outside of the tent where people gathered for the Space X ground breaking ceremony at the Boca Chica Launch Site on the southern tip of Texas, Monday, Sept. 22, 2014. (AP/Valley Morning Star, David Pike)

With waves from the Gulf of Mexico crashing just over the dunes and crabs skittering around a tent erected for the groundbreaking, Musk said he expects SpaceX to invest $100 million in the world's first commercial orbital spaceport during the next three to four years.

The commercial satellite launch revenue Musk anticipates generating at the Boca Chica Beach site east of Brownsville will fuel California-based SpaceX's real objective. "The long-term goal is to create technology necessary to take humanity beyond Earth," Musk said. "To take humanity to Mars and establish a base on Mars. So it could very well be that the first person that departs for another planet will depart from this location."

Beginning as early as the third quarter of 2016, Musk said he expects the spaceport to handle at least 12 rocket launches per year. SpaceX will continue using government launch sites in Florida and California, but Musk said its manifest would outpace the available launch windows at those existing sites.

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