SynopsisThe expansion comes as Blue Origin rival, Elon Musk's SpaceX, prepares to go public targeting ‌a valuation ⁠of $1.75 ⁠trillion.The expansion comes as Blue Origin rival, Elon Musk's SpaceX, prepares to go public targeting ‌a valuation ⁠of $1.75 ⁠trillion.Florida Governor Ron DeSantis on Friday ​announced a $600 million ​expansion of Blue Origin's Rocket Park ​campus in Cape Canaveral.The expansion comes as Blue Origin rival, Elon Musk's SpaceX, prepares to go public targeting ‌a valuation ⁠of $1.75 ⁠trillion.Here are a few details on the expansion:​The new 830,000-square-foot upper stage manufacturing facility will support 500 ​aerospace jobs, with an average salary of more than $98,000."Project Horizon is the latest and most ​ambitious chapter in Blue ⁠Origin's decade-long ‌commitment to Florida," Blue Origin CEO ​Dave ​Limp said in a statement.Since ⁠2015, Blue Origin has scaled to nearly ​4,000 employees and invested more than $2.3 ​billion across 500 Florida suppliers, Limp said.The project will receive support through the Spaceport Improvement Program, a partnership between Space Florida and the Florida Department of Transportation, ‌that has funded Blue Origin's new pad at Launch Complex 36.Blue ​Origin, which ​is billionaire ⁠Jeff Bezos' space company, is currently the only company that manufactures and launches rockets from Florida.In ​April, federal aviation regulators ordered Blue Origin to investigate the upper-stage malfunction of its New Glenn rocket during a failed satellite launch from Florida. ...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now