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Sir Richard Branson gives the thumbs up in front of Virgin Galactic's SpaceShipTwo, the world's first commercial spacecraft for tourists  (Photo credit: ROBYN BECK/AFP/Getty Images)

Virgin Agrees To Pay Spaceport Rent

Virgin Galactic says it will start paying New Mexico rent on the nearly quarter-billion dollar Spaceport the state built for Richard Branson’s space tourism business, but the company is doing so under protest and without waiving its right to walk away from the project.