Virgin Threatens To Bail on Spaceport America

ALBUQUERQUE, N.M. — New Mexico's quarter-billion-dollar Spaceport America could be in trouble after its major tenant hints at pulling out if state liability law isn't changed.

Virgin Galactic said Thursday it might not stick around if state lawmakers whose annual session begins in January don't change the law to better protect the space industry from lawsuits.

"We are going to look hard at what happens this session in terms of our future stance with the spaceport, Virgin Galactic President and CEO George Whitesides said.