Business

SpaceX Plans Major Expansion in Louisiana

Updated 2026-08-25 17:40 UTC 2 sources Neutral

SpaceX is set to build a $100 billion spaceport in Vermillion Parish, Louisiana. The project aims to support thousands of launches annually and could significantly boost the local economy.

Coverage timeline — 2 articles

MarketWatch

This driverless-truck company could be a ‘long-term winner’ in a market Tesla plans to enter soon

Kodiak AI logged more than 40,000 paid driverless hours through the second quarter and is pushing to offer driverless highway operations by the end of 2026.

2026-08-25 17:32 UTC

CNBC

SpaceX plans to build a $100 billion spaceport in Louisiana

SpaceX plans will establish its Starbase LA in Vermillion Parish in order to "support thousands of launches annually."

2026-08-25 17:35 UTC