SpaceX commits $100 billion to build world's largest spaceport in Louisiana
SpaceX (NASDAQ: SPCX) will spend $100 billion on a 125,000-acre launch complex in Vermilion Parish, Louisiana.
The company and Governor Jeff Landry announced the deal on Tuesday. Elon Musk’s firm has also said that the spaceport will become the largest launch site on Earth.
Where will SpaceX build its new spaceport?
SpaceX has announced that it will spend $100 billion on a 125,000-acre spaceport that sits on coastal land roughly 50 miles south of Lafayette. SpaceX plans to put five launch pads on the land, and also a mission-control center, office buildings, power plants, a propellant factory, and housing for workers.
The company calls the facility “self-sustaining,” meaning it will have on-site propellant production, power generation, deep-water shipping, and an airport.
Musk announced the plan in a pre-recorded video played to an invitation-only crowd of more than 450 officials and business leaders that he is preparing to build a spaceport that “has only existed in science fiction.”
On X, Musk wrote that Starbase Louisiana would eventually hold more than a dozen launch towers and support over 30 Starship flights a day.
… Continue reading the full article at the original source below.
