Elon Musk-led SpaceX is investing $100 billion to build its largest launch facility in coastal Vermilion Parish, state officials announced at a Tuesday morning press conference in Abbeville.
The long-rumored spaceport will support thousands of launches per year. Construction is expected to begin in 2027, with a first launch targeted for 2029.
The site is expected to include five launch complexes at full buildout, each with two launch pads and a propellant farm, as well as a propellant production facility, power generation, vehicle processing and residential housing for employees and their families.
SpaceX is expected to create 3,000 direct new jobs over the next 10 years paying an average annual salary of $92,600, 192% above the average Vermilion Parish wage.
The project announcement comes after Louisiana lawmakers passed a package of bills positioning the state to land a major aerospace project. The bills, which have since been signed into law, address tax incentives, legal liability and public records, among other matters.
This is a developing story.
