SpaceX Launches New Era of Commercial Spaceflight with $100 Billion Louisiana Campus
SpaceX announced it is investing $100 billion to build its largest launch facility in Vermilion Parish, a spaceport designed to support thousands of launches annually and unlock commercial spaceflight at unprecedented scale. The historic project will establish Louisiana as a global hub for next-generation aerospace, with the capacity and infrastructure needed to dramatically increase launch frequency and expand access to space.
SpaceX's Economic Impact on Louisiana
- $100 billion+ Investment
- 3,000 Direct new jobs over the next 10 years
- 8,100 of Indirect new jobs approximately
- $92,600 Average annual salary
“We have the people, the ingenuity and the work ethic to build things the rest of the world once thought impossible. I want to thank SpaceX for believing in Louisiana and choosing our state to help build the future of American spaceflight.”
-Governor Jeff Landry
Project Highlights
- The campus will become the largest spaceport in the world, with capacity to support thousands of 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 employee housing.
- Construction beginning by the end of 2027 with the first launch targeted as soon as 2029.
- As part of the state’s incentive agreement, SpaceX will make a $25 million charitable donation to the Community Foundation of Acadiana.
Frequently Asked Questions About SpaceX in Louisiana
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“We’re preparing to build a spaceport that, until now, has only existed in science fiction. SpaceX was founded to bring about a future where humans are out exploring amongst the stars, which will only be possible when we make going to space as routine as flying on an airplane. Starbase, Louisiana will unlock that future.”
-Elon Musk, CEO of SpaceX