Starbase Louisiana Set to Become SpaceX's Largest Launch Site in $100 Billion Bet

SpaceX will invest $100 billion to build its largest launch facility on the Louisiana coast, the company and state officials confirmed Tuesday.

Louisiana Economic Development said the Vermilion Parish campus is designed to support thousands of launches each year. Construction starts in 2027, with the first flight targeted for as soon as 2029.

Louisiana Ties SpaceX Deal to Jobs and Local Payments

The state projects the campus to create 3,000 direct jobs over the next 10 years. Average pay is expected to be $92,600, which is 192% above the Vermilion Parish average wage.

Louisiana Economic Development also estimates more than 8,100 indirect jobs across the Acadiana region. Meanwhile, SpaceX has also entered a Payment in Lieu of Taxes (PILOT) agreement with local taxing bodies.

The company will pay the parish $25 million each year for 25 years, plus $20 million upfront. State officials expect the arrangement to generate more than $820 million in local payments.

"Today is a pivotal moment for Louisiana. This announcement pushes our state beyond $250 billion in new investment and puts us at the center of the next great frontier," Governor Jeff Landry said.

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