It's True. SpaceX Is Coming to Louisiana. Here's How You Can Profit From That.
SpaceX stock is expensive -- but now it's buying rocket fuel from ExxonMobil and Cheniere, which are cheap.
SpaceX is set to establish a high-volume launch facility in Louisiana, according to a report by Motley Fool. The company announced plans to develop a Starship launch pad on the Gulf Coast, which will include 10 launch pads, deep-water shipping ports, vehicle processing facilities, and an airport. With an estimated cost of $100 billion, the project is expected to commence construction in 2027, with the first launch pad operational by 2029.
The arrival of SpaceX in Louisiana is expected to bring significant economic benefits, presenting opportunities for investors to profit from the development.
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