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International Business Times UK
International Business Times UK
World
Stephanie Cruz

Musk Bets $100B on World's Largest Spaceport in Louisiana: 10K+ Jobs, 1M AI Satellites Planned

SpaceX aims to start building its $100B Louisiana launch site in 2027, with the first Starship flight targeted for 2029. (Credit: Daniel Oberhaus, Katrina.Tuliao, Wcamp9 / Wikimedia Commons. IBTimes UK)

SpaceX will spend $100B (£73B) to build the largest spaceport on Earth along the Louisiana coast, a launch base Elon Musk plans to use to fly his Starship rocket and, in time, to orbit up to 1 million satellites built to run artificial intelligence in space.

The 125,000-acre site sits on Pecan Island in Vermilion Parish, roughly 200 miles west of New Orleans, on land that once belonged to ExxonMobil. SpaceX has named it Starbase, Louisiana. State officials and the company set out the plan on 25 August.

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