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Dive Brief:
SpaceX plans to spend $100 billion to build its largest spaceport in Pecan Island, Louisiana, which will be used to launch its reusable Starship spacecraft, the Louisiana Economic Development agency announced Aug. 25.
The site will include five launch complexes, each of which will have two launch pads and a propellant farm, per the press release. The spaceport will also include a propellant production facility, power generation, vehicle processing and residential housing for SpaceX employees and their families.
The project is expected to create 3,000 direct jobs over the next 10 years, with an average annual salary of $92,600. LED also estimated that the project will establish over 8,100 indirect jobs. Construction is anticipated to begin in 2027 with the goal to launch the first Starship in 2029.
