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SpaceX, Meta, Hyundai. Can these multibillion-dollar deals change Louisiana's fortunes?
The projects include SpaceX’s $100 billion spaceport and could bring thousands of jobs as Louisiana seeks to diversify beyond oil and gas.
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SpaceX, Meta, Hyundai. Can these multibillion-dollar deals change Louisiana's fortunes?
At the recent event announcing that Elon Musk’s SpaceX plans to build the world’s largest commercial spaceport in coastal Vermilion Parish, even Gov. Jeff Landry, who negotiated the $100 billion deal, seemed stunned by the magnitude of the whole thing.
SpaceX will invest $100 billion in a giant space base in Louisiana, on 50,000 hectares of ex-Exxon land. Ten paces of fire, 3,000 jobs, first launch targeted in 2029.
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