Puerto Rico could still land a planned private rocket launchpad that would give a lift to the lagging local economy and make the island a player in a bold new industry that is starting to take off.

SpaceX — formally named Space Exploration Technologies Corp. — has yet to nail down where it will develop the world’s first commercial rocket-launching complex, but a site in Texas has emerged as the frontrunner in a race that includes Puerto Rico, Georgia and Florida.   Read more

Caribbean Business News