SpaceX announced on Tuesday, August 25, 2026, its plan to invest $100 billion in a new Starship campus spanning 125,000 acres in Vermilion Parish, Louisiana. Construction is expected to commence in 2027, with the first launch projected by 2029. The completed Starbase Louisiana is anticipated to feature five launch complexes, each with two launchpads, alongside facilities for fuel production, power generation, and vehicle processing. The project is expected to create 3,000 jobs in the region.