Elon Musk’s space company SpaceX plans to spend 100 billion dollars to build a new spaceport in Louisiana for rocket launches, state officials and the company announced on August 25, 2026.
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SpaceX President and COO Gwynne Shotwell speaks during an event announcing a deal to build a new SpaceX spaceport in Louisiana, Tuesday, Aug. 25, 2026, in Abbeville, La. (AP Photo/Gerald Herbert) Associated Press / LaPresse Only Italy and Spain
Louisiana Governor Jeff Landry said the deal represents a major win for the state and the country, comparing the impact of the new launch site to the Louisiana Purchase of 1803.
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“Today is nothing short of a transformative moment,” he told legislators and others during a special event to celebrate the deal.
Musk was not present but appeared alongside Landry in a promotional video aired before the Republican governor’s speech. Also speaking at the event was Gwynne Shotwell, SpaceX president and chief operating officer.
The spaceport would be built on 125,000 acres (50,600 hectares) of land along Louisiana’s southern coast, about 200 miles (322 km) west of New Orleans. According to state officials, this location offers essential advantages, including access to an abundant supply of natural gas and the ability to launch on a wide range of trajectories.
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