The Los Angeles Commission approved permission to use the 19-acre port area to create a Martian rocket for SpaceX. The design will be so huge that for the starting point you will need a barge for sea transportation.
Ilon Musk says that the rocket will perform a wide range of tasks, including the flight to Mars. Permission approved on April 19. It will last 10 years with two 10-year expansion opportunities.
SpaceX will receive loans that will offset the annual rent of $ 1.38 million in exchange for improvements, including the construction of a huge hangar building. The total amount of loans reaches $ 44 million.
The deal must be considered in the city council.
