Mayor says SpaceX to build new rocket in Port of Los Angeles
(World News Science)

LOS ANGELES (AP) - SpaceX has chosen to manufacture its planned big, new rocket in the Port of Los Angeles, Mayor Eric Garcetti announced Monday in his annual state-of-the city speech. The mayor said it`s a `vehicle that holds the promise of taking humanity even deeper into the cosmos than ever before.` The city Board of Harbor Commissioners will vote Thursday on whether to lease 19 acres to SpaceX for the manufacturing site. The commission`s staff has recommended approval of an initial 10-year term, with two 10-year options, at an annual rent of approximately $1.38 million. While SpaceX calls its existing rockets Falcons, CEO Elon Musk simply refers to the planned new rocket as the BFR. ......