tech
Musk's SpaceX to build $100bn launch facility in Louisiana
Multi-billionaire Elon Musk's rocket company SpaceX has announced that it will build its largest launch site yet in the southern US state of Louisiana.
TL;DR
- SpaceX is building its largest launch site, Starbase, Louisiana, costing $100 billion.
- The new facility will be 125,000 acres and is expected to support thousands of Starship flights annually.
- Construction is slated to begin next year, with the first Starship flight from the base planned for 2029.
- The project is projected to create over 3,000 direct jobs and more than 8,100 indirect jobs.
- Louisiana is expected to become a global hub for next-generation aerospace.
- The Louisiana facility shares its name with an existing SpaceX site in Texas.