SpaceX · Elon Musk · Starlink · CNBC Technology
SpaceX aims to build a $100 billion spaceport in Louisiana
Compiled by KHAO Editorial — aggregated from 4 sources. See llms.txt for citation guidance.
✓ KHAO Verified
Elon Musk is continuing his push into the Southern U.S. with SpaceX, his aerospace and tech conglomerate, planning a $100 billion launch facility in Louisiana.
Key facts
- Elon Musk is continuing his push into the Southern U.S. with SpaceX, his aerospace and tech conglomerate, planning a $100 billion launch facility in Louisiana
- In a joint statement, the Louisiana Economic Development office said on Tuesday that SpaceX will establish its Starbase in Vermilion Parish, Louisiana, at a former Eon property to, "support thousands
- Musk has aspirations to massively expand SpaceX's Starlink satellite network, to launch orbital data centers and to someday colonize Mars
- Once built, Starbase, LA will serve as the main launch facility for Starship, SpaceX's in-development rocket that's the largest ever built and designed to be fully reusable
Summary
In a joint statement, the Louisiana Economic Development office said on Tuesday that SpaceX will establish its Starbase in Vermilion Parish, Louisiana, at a former Eon property to, "support thousands of launches annually. SpaceX stock rose about 2% to close at $137.95. Once built, Starbase, LA will serve as the main launch facility for Starship, SpaceX's in-development rocket that's the largest ever built and designed to be fully reusable. Musk has aspirations to massively expand SpaceX's Starlink satellite network, to launch orbital data centers and to someday colonize Mars.