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SpaceX announces $100 billion launch facility in Louisiana

SpaceX announced a $100 billion, 125,000-acre launch facility in Louisiana that is expected to create 3,000 jobs and begin operations in 2029.

Published August 25, 2026 at 8:39 PM EDT

The short answer

SpaceX announced a $100 billion, 125,000-acre launch facility in Louisiana that is expected to create 3,000 jobs and begin operations in 2029. SpaceX announced on Tuesday that it will build a $100 billion launch facility in Louisiana, marking the company's largest site to date. The project, named Starbase, is scheduled to begin construction next year and will cover 125,000 acres.

SpaceX announces $100 billion launch facility in Louisiana

The Facts

Who
SpaceX and the Louisiana Economic Development agency
What
SpaceX announced plans to build a $100 billion, 125,000-acre rocket launch facility in Louisiana called Starbase.
When
Tuesday, August 25, 2026
Where
Louisiana, United States
Why
The project involves a $100 billion investment to build the company's largest launch site, which SpaceX claims will create 3,000 jobs with wages nearly triple the regional average.

Timeline of what happened

Key dates and decisions, in the order they occurred.

  1. June 2026

    SpaceX shares begin trading on Nasdaq

  2. August 25, 2026

    SpaceX announces Louisiana launch site project

  3. 2027

    Construction of the Starbase facility scheduled to begin

  4. 2029

    Target date for first Starship flight from Louisiana base

SpaceX announced on Tuesday that it will build a $100 billion launch facility in Louisiana, marking the company's largest site to date. The project, named Starbase, is scheduled to begin construction next year and will cover 125,000 acres. The facility is intended to support the company's Starship program for missions to Earth orbit, the Moon, and Mars.

The company, led by Elon Musk, currently operates from its headquarters in Texas and additional sites in Florida. The Louisiana expansion follows a June event in which SpaceX shares began trading on the Nasdaq in what was described as the largest stock market debut in history. The company stated it aims to conduct the first Starship flight from the new Louisiana location in 2029.

According to SpaceX, the new facility will create more than 3,000 jobs in the region. The Louisiana Economic Development agency reported that the average wage for workers at the base is expected to be 192% higher than the current mean salary for the region. The site will be designed to accommodate thousands of Starship flights annually.

The scale of the $100 billion investment represents a major expansion of the private aerospace infrastructure in the United States. While SpaceX already has established footprints in Texas and Florida, this facility is described as its largest, indicating a move toward higher-frequency operations. The company stated the site is intended to support "thousands of flights a year," which would require a significant increase in local logistical support, energy consumption, and transportation infrastructure to manage the volume of Starship missions.

The project sets a precedent for large-scale private spaceport development outside of federal government property. The knock-on effects include potential growth in secondary industries such as aerospace manufacturing and specialized maintenance in Louisiana. Residents will likely notice the start of construction activities in 2027. Following the construction phase, the company aims to reach operational status with its first mission from the site by 2029. Future milestones will depend on construction timelines and regulatory approvals for the 125,000-acre development.

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Questions readers ask

What happened: SpaceX announces $100 billion launch facility in Louisiana?

SpaceX announced plans to build a $100 billion, 125,000-acre rocket launch facility in Louisiana called Starbase.

Who is involved?

SpaceX and the Louisiana Economic Development agency

When did this happen?

Tuesday, August 25, 2026

Where did this happen?

Louisiana, United States

Why does this matter?

The project involves a $100 billion investment to build the company's largest launch site, which SpaceX claims will create 3,000 jobs with wages nearly triple the regional average.