
SpaceX Plans a $100 Billion Spaceport in Louisiana
SpaceX confirmed August 25, 2026, it will spend $100 billion building its largest launch site in Vermilion Parish, Louisiana. That nearly equals the $100.8 billion cash the company had on hand in June. The multi-year project raises a basic question: will SpaceX's everyday earnings cover the cost, or will it need to borrow?
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