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.
9 Articles
9 Articles
Guest Column: SpaceX offers promise, but Louisiana institutions aren’t ready
SpaceX’s announcement that it will build the largest space launch facility in the world near Pecan Island is one of the most significant economic developments Louisiana has seen in decades. The promise of 3,000 direct jobs and many thousands more…
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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