SpaceX plans $100 billion investment in new launch facility

According to Louisiana Economic Development (LED), the facility, dubbed “Starbase, Louisiana,” will be located in Vermilion Parish in southern Louisiana. It is designed to support thousands of Starship launches annually.

At full buildout, the site is expected to include five launch complexes with two launch pads each, along with propellant farms, a propellant production facility, and residential housing for employees and their families.

Construction is expected to begin in 2027, with the first launch targeted as early as 2029. The facility is expected to create more than 3,000 new jobs, SpaceX said.

The LED said the project will establish Louisiana as a global hub for next-generation aerospace.

SpaceX announced Tuesday it will invest at least $100 billion to build a new Starship launch complex on Louisiana’s Gulf Coast that would be far larger than its South Texas headquarters.

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