SpaceX's $100B Louisiana Spaceport Matches Its Entire Cash Balance

SpaceX confirmed August 25, 2026, that it will invest $100 billion to build its largest launch facility in Vermilion Parish, Louisiana. That outlay nearly matches the $100.8 billion cash balance SpaceX disclosed in June. The multi-year build raises a key question: can operating cash flow fund the project, or will SpaceX need debt to bridge the gap?