infrastructure · vermilion
SpaceX plans $100 billion Pecan Island spaceport, state says
In its 25 August 2026 release, Louisiana Economic Development described a $100 billion project and construction expected in 2027.
Published
Event date: 2026-08-25 (day)
Louisiana Economic Development said in its 25 August 2026 release that SpaceX planned to invest $100 billion in a launch facility in Vermilion Parish.
The release described construction expected in 2027 and a first launch targeted as soon as 2029. Those dates are expectations in the announcement, not evidence that work or launches have begun.