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HomeGlobal MarketsNorth AmericaSpaceX plans $100 billion Louisiana spaceport for thou…

SpaceX plans $100 billion Louisiana spaceport for thousands of launches

The project would be built in Vermillion Parish and is intended to back thousands of launches each year, according to CNBC.

SpaceX plans to build a major spaceport in Louisiana, with the project described as a $100 billion development.

According to CNBC Markets, the site, called Starbase LA, would be established in Vermillion Parish.

The planned spaceport is intended to support thousands of launches annually, CNBC said in describing the company’s plans.

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