Photo: U.S. Space Force photo by Airman 1st Class Olya Houtsma | Public domain | Wikimedia Commons
SpaceX Unveils $100 Billion Plan For New Louisiana Coastal Spaceport
On Tuesday, August 25, 2026, Louisiana officials and SpaceX unveiled a $100 billion plan to build a new spaceport on 125,000 acres in Vermilion Parish, Louisiana.[1]
State officials said construction is expected to begin in 2027 with a first launch as early as 2029, and they projected about 3,000 jobs over 10 years.[1] The site sits about 200 miles west of New Orleans on land formerly owned by Exxon.[1]
Louisiana lawmakers have approved sizable tax incentives to support the project, officials said.[1] Environmental advocates warned of risks to the state's fragile coastline even as SpaceX said the project would include coastal restoration and land-loss mitigation.[1]
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📌 Key Facts
- On Tuesday, August 25, 2026, Louisiana officials and SpaceX announced a $100 billion plan for a new spaceport.
- The facility will sit on 125,000 acres in Vermilion Parish, Louisiana, about 200 miles west of New Orleans, on land formerly owned by Exxon.
- State officials say construction is expected to begin in 2027 with a first launch as early as 2029 and about 3,000 jobs projected over 10 years.
- Louisiana lawmakers have approved sizable tax incentives to support the project.
- Environmental advocates warn of risks to the state’s fragile coastline, while SpaceX says it will help with coastal restoration and land-loss mitigation.
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August 25, 2026