Package of New Laws Help Clear the Way for SpaceX Deal in Louisiana

Package of new laws help clear the way for SpaceX deal in Louisiana

LOUISIANA — A legislative package signed into law ahead of SpaceX's $100 billion Starship launchpad announcement in Vermilion Parish creates tax incentives and legal protections.Gov. Jeff Landry signed six bills into law before the Aug. 25 announcement that SpaceX will build a Starship launchpad in the small Vermilion Parish city of Abbeville.Rep. Paul Sawyer, a Baton Rouge Republican, was one of 15 bipartisan sponsors of House Bill 1088. The le…

SpaceX’s $100 billion spaceport plan has investors asking where all the money is coming from

The company will need to raise a lot of debt in order to fund its ambitions, according to an analyst.

SpaceX shares gain 0.5% as Louisiana Starbase valued at $100 billion explores IPO funding options

STARBASE, Texas, August 28, 2026, 19:10 (EDT). SpaceX stock finished at $141.50, rising 0.45%, with 55.02 million shares traded.The Louisiana launch campus includes a pledge of no less than $100 billion.Work is set to begin in 2027, and the inaugural launch is planned for 2029.The pledge amounts to roughly 5.2% of SpaceX’s $1.92 trillion market…

SpaceX renews investor hope with bold new plan

investors have been asking a simple question. When does the spending start paying off? On Aug. 25, the company gave them a very large answer. SpaceX and Louisiana Governor Jeff Landry revealed plans to build a $100 billion spaceport in Vermilion Parish, a project the company is calling Starbase,…