$SpaceX(SPCX)$ SpaceX has officially announced plans to build "Starbase Louisiana," a $100 billion spaceport in Vermilion Parish near Pecan Island. Construction is expected to begin in 2027, with the first launch planned for as early as 2029. Musk said the company is preparing to build a spaceport that has only existed in science fiction until now, adding that SpaceX was founded to help make space travel as routine as flying on an airplane.

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