Musk's SpaceX to build $100bn launch facility in Louisiana - BBC News

It will be the firm's biggest site yet and aims to send rockets to space in 2029.

Image source, AFP via Getty ImagesImage caption, SpaceX already has facilities in Texas and Florida

Multi-billionaire Elon Musk's rocket company SpaceX has announced that it will build its largest launch site yet in the southern US state of Louisiana.

Construction of the $100bn (£73bn) project - named Starbase, Louisiana - is due to start next year, with the 125,000-acre (50,585-hectare) site expanding on the company's operations beyond its current Texas headquarters and locations in Florida.

It will be used to "support thousands of Starship flights a year with missions launching to Earth orbit, the Moon, Mars and beyond," SpaceX said on Tuesday.

In June, SpaceX shares started trading on New York's technology-focused Nasdaq in the world's biggest ever stock market debut.