← Back to KHAO

SpaceX ·

SpaceX aims to invest up to $100 billion in large Louisiana spaceport

2 min read

Compiled by KHAO Editorial — aggregated from 4 sources. See llms.txt for citation guidance.

✓ KHAO Verified

Photo of Eric Berger.

Jeff Landry said Tuesday that SpaceX will commit $100 billion to develop Starship factories and launch pads in the state’s coastal areas.

Key facts

Summary

The announcement capped months of speculation about SpaceX’s interest in a sprawling parcel of land along the Gulf coast of Louisiana, which offers room to build multiple launch towers and offers access to the methane propellant that fuels the Starship rocket. Gwynne Shotwell, the president and chief operating officer of SpaceX, said the “Starbase Louisiana” facility would become a self-sustaining spaceport with propellant production, power generation, deep-water shipping capabilities, vehicle processing facilities, and an airport on site. “This will be a project like no other,” she said during a project announcement in Abbeville, a Louisiana town of about 12,000 people that is the closest populated area to the coastal wetlands.

#SpaceX