If you are going to build a spaceport you would build it in New Mexico, right? I think they should call it "Boswell". On another note, "Virgin Spaceport" is pretty funny.
Link: Newsday.com: Virgin Spaceport to Be Built in N.M..
Virgin Galactic said it had chosen New Mexico as the site for its headquarters because of its steady climate, free airspace, low population density and high altitude. All those factors can significantly reduce the cost of the space flight program.
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