SpaceX plans to invest $100 billion in a massive new spaceport in Louisiana that could eventually support thousands of Starship launches a year.

The project, called Starbase Louisiana, will rise on about 125,000 acres in Vermilion Parish along the Gulf Coast.

Construction is expected to begin in 2027, with the first Starship launch targeted for as early as 2029.

The facility is expected to become SpaceX’s fourth and largest launch site.

Plans call for five launch complexes with two pads each, along with propellant production, power generation, vehicle processing, deep-water shipping facilities and an airport.

SpaceX said the site could eventually support thousands of launches each year as the company ramps up use of its reusable Starship system for satellite deployment and future missions to the Moon and Mars.

The land was formerly owned by Exxon and sits in a coastal region vulnerable to hurricanes, erosion and wetland loss.

Environmental groups have raised concerns about the scale and speed of the development.

Anne Rolfes, director of the Louisiana Bucket Brigade, said the project could “irrevocably alter” the state’s fragile coastline and called for greater public scrutiny.

SpaceX president and COO Gwynne Shotwell said much of the property would remain undeveloped and that the company would support wetland restoration and protection efforts.

“We are committed to doing our part to ensure that this land doesn’t disappear,” Shotwell said.

Louisiana officials expect the project to generate about 3,000 direct jobs over the next decade.

SpaceX’s existing Starbase in South Texas remains the primary development and testing hub for Starship, while the company also operates launch facilities in Florida and California.