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SpaceX Unveils $100 Billion Starbase Louisiana, Launching 2029

8/30/2026

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Summary

Story summary

SpaceX announced a $100 billion Starbase Louisiana spaceport project.
The 125,000-acre site near Pecan Island will host five launch complexes with ten pads.
Construction starts in 2027 and the first launch is targeted for 2029.
SpaceX expects the complex to create between 3,000 and 10,000 jobs.
Shares closed at €122.14, up 1% on the day.

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Story summary

SpaceX announced a $100 billion Starbase Louisiana spaceport project.
The 125,000-acre site near Pecan Island will host five launch complexes with ten pads.
Construction starts in 2027 and the first launch is targeted for 2029.
SpaceX expects the complex to create between 3,000 and 10,000 jobs.
Shares closed at €122.14, up 1% on the day.