X-Prize Cup Site Chosen: New Mexico

savuporo writes "MSNBC reports: "The X Prize Foundation and the New Mexico Office of Space Commercialization are joining forces to stage the multifaceted X Prize Cup, a two-week-long event that allows for privately financed, passenger-carrying space vehicles to compete for prizes.' The first Cup is expected to be held summer, 2006, while 2005 will probably see a 'Public Spaceflight Exposition.'"