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Fortune
Fortune
Joshua Hong

SpaceX says it’s building its largest spaceport yet, committing $100 billion for a Louisiana site—adding to its list of billion-dollar expansion plans

Chief Executive Officer of SpaceX and Tesla and owner of Twitter, Elon Musk attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre. (Credit: Photo by Chesnot/Getty Images)

Rather apparent in SpaceX’s IPO filings is the ever-constant named goal of reaching Mars to build compute infrastructure and even human settlements on the red planet. In Elon Musk’s first earnings call, he reiterated those goals, the very ones that led him to create the company over two decades ago. Now he’s expanding his lofty space travel aspirations with a new real-estate and infrastructure investment.

SpaceX is committing $100 billion to build a massive new spaceport in coastal Louisiana, giving the rocket company another multibillion-dollar expansion project as it races to scale Starship, satellite manufacturing and AI infrastructure. The facility, called Starbase Louisiana, will occupy roughly 125,000 acres on Pecan Island in Vermilion Parish and is expected to become the fourth and largest of SpaceX’s launch complexes.

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