SpaceX intends to invest up to $100 billion in massive Louisiana spaceport
Louisiana Gov. Jeff Landry said Tuesday that SpaceX will commit $100 billion to develop Starship factories and launch pads in the state's coastal areas. In doing so, the company seeks to replicate the Starbase facility it has built over the last decade in southern Texas on a larger scale.
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.