- SpaceX plans to invest $100 billion in a new spaceport in Vermilion Parish, Louisiana, on land acquired from Exxon.
- Construction is expected to begin in 2027, with initial flight operations targeted for 2029.
- The site will include five launch complexes, propellant production, power generation, vehicle processing facilities, and employee housing.
Elon Musk’s SpaceX plans to invest $100 billion in a new spaceport in Vermilion Parish, Louisiana, as the company builds out infrastructure for its Starship rocket. Dubbed Starbase Louisiana, the facility will occupy coastal land acquired from Exxon.
Construction is expected to begin in 2027, with initial flight operations targeted for 2029. “Today is a pivotal moment for Louisiana,” Governor Jeff Landry said in a statement. “This announcement pushes our state beyond $250 billion in new investment and puts us at the center of the next great frontier.”
The project would become SpaceX‘s fourth and largest spaceport, joining existing launch sites in South Texas, Florida, and California. Once completed, the Louisiana site will include five launch complexes with 10 launch pads, propellant production and storage, power generation, vehicle processing, and employee housing.
Starbase Louisiana is part of Musk’s ambitious plan to support thousands of annual launches for Starlink satellite deployments and missions to Earth orbit, the Moon, and Mars. The company estimates the project will create 3,000 direct jobs over 10 years, claiming an average annual salary of $92,600.
SpaceX is also pursuing plans to put computing infrastructure in orbit. In February, the Federal Communications Commission opened a public review of a proposal to deploy as many as one million satellites for orbital data centers.
“We’re preparing to build a spaceport that, until now, has only existed in science fiction,” Musk said in a statement. “SpaceX was founded to bring about a future where humans are out exploring amongst the stars.”
✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.
