Elon Musk: SpaceX's Starbase Louisiana will be 'biggest launch site on Earth'
The project could create 3,000 direct jobs and includes a 25-year property-tax exemption, while critics call the $27.5 billion incentive package excessive.
5 Articles
5 Articles
SpaceX’s $100B Louisiana deal comes with $27.5B in tax incentives
Louisiana officials have offered SpaceX an estimated $27.5 billion tax incentive package to secure the company’s planned $100 billion Starbase Louisiana facility in coastal Vermilion Parish, Louisiana Illuminator reports. The largest portion, about $23.8 billion, comes from a 25-year property-tax exemption. A completed $100 billion facility could generate roughly $1.3 billion in annual property taxes, but under the agreement, SpaceX would make a…
Experts Predict SpaceX Will Make Lafayette Area the Most Populated in Louisiana
SpaceX's massive project in Vermilion Parish could bring thousands of jobs and potentially transform Lafayette into Louisiana's largest population center. Continue reading…
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