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Why Space Companies Are Betting Big on Texas

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About Why Space Companies Are Betting Big on Texas

Explore Why Space Companies Are Betting Big on Texas with 157,722 views, 3,092 likes, and 173 comments. Experience the impact of this video content that has captured audience attention.

Already home to SpaceX, Blue Origin and recent moon-landers Firefly Aerospace and Intuitive Machines, Texas is quickly becoming the center of the commercial space universe. Through a newly-formed agency, Texas officials have been doling out grants for space-related research, projects and emerging technology. So what does this mean for the "Lone Star State?" And why has it become such a proving ground for the startups of the future? (Corrects map of Texas throughout video.) SpaceX’s IPO to Mint Millionaires in Poor Texas Border Town: https://bloom.bg/4bsvut7 The company’s spaceport put Brownsville on the map, but locals fear being priced out by newly rich neighbors. 00:00 How the space sector is changing 01:08 Firefly Aerospace sees success in Texas 02:24 Why Texas appeals to the space industry 04:48 SpaceX history in Texas 06:10 How the state of Texas is now wooing space business 07:08 The changing relationship between industry and NASA 09:45 The SpaceX business model that paved the way Watch more short documentaries: https://bloom.bg/4wWlMsa Visually compelling features born out of the Bloomberg newsroom, extended to documentary video. #Space #Startups #Texas Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Get unlimited access to Bloomberg.com for just $1.99 your first month: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel Bloomberg News for global news and insight in an instant.

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