Musk's SpaceX to build $100bn launch site in Louisiana
The project - named Starbase - will be the firm's biggest facility yet and aims to send rockets to space in 2029.
Elon Musk's aerospace company, SpaceX, has announced plans to construct its largest launch facility in Louisiana, a multi-billion dollar project dubbed Starbase. The construction is scheduled to commence next year, with the expansive 125,000-acre site extending SpaceX's operations beyond its existing headquarters in Texas and facilities in Florida.
According to SpaceX, the new site will be instrumental in supporting a vast number of Starship flights annually, with missions targeting Earth's orbit, the Moon, Mars, and beyond.
In June, SpaceX made history by listing its shares on the Nasdaq stock exchange in New York, marking the largest-ever stock market debut. The company has set its eyes on launching its inaugural Starship from this new base in 2029. The Louisiana facility is expected to inject over 3,000 jobs into the region, a significant boost for the locality. The Louisiana Economic Development agency has reported that the average wage of workers at the base will be a hefty 192% higher than the region's current mean salary.
Written by urgent.news from BBC Science's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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