When you walk around SpaceXs Starbase in Boca Chica, Texas, you get an immediate sense of the near future and the scale of whats to come.
With two operational launch pads, the Gigabay which can build up to 1,000 Starships a year and the massive SpaceX (SPCX) offices, there is no question about how real the Gateway to Mars has become.

At the Gateway to Mars, SpaceX HQ | June 2026
But one other reality stuck out to me as I was standing just feet from one of the launch pads earlier this year
There just isnt enough space.
Starbase, Texas is tucked into a tiny sliver of land with the hard border of Mexico directly south, the Gulf of America to the east, and the South Bay to the north.
Its currently about 1,000 acres.
And even though there is a little room for expansion, it would never be enough to support SpaceXs operational plans to launch thousands of Starships a year by 2030.
Thats a mere four years away.
Expanding at Vandenberg Space Force Base in Santa Barbara County, California, or at Cape Canaveral, Florida, wasnt possible either, which meant SpaceX would have to build a massive complex somewhere else.
Objectively, the options were limited.
SpaceX needed a location in the U.S. with enough acreage to support thousands of launches a year.
It needed to be on the coast, as it is necessary to launch over water for safety purposes.
It had to be in a low-population area, and one that is geographically situated for southward trajectories that make launching payloads into orbit efficient.
And ideally, the location must be near sources of energy, specifically natural gas.
Louisiana was a strong possibility, which is why I wrote about a very large private land transaction between a third party and Exxon Mobil (XOM) earlier this year in The Bleeding Edge The Colonization of Mars. I predicted that SpaceX was the buyer.
It wasnt confirmed at the time, but it seemed obvious to me that the third party was indeed SpaceX, and its intentions were to build its primary launch site for its Starships.
Last week, that speculation became reality.
SpaceX announced Starbase Louisiana a breathtaking undertaking to build the worlds largest spaceport.
It wont even be close.

Rendering of Starbase Louisiana | Source: SpaceX
SpaceX announced that it will be investing $100 billion to build Starbase Louisiana in Vermilion Parish specifically on Pecan Island with southern exposure to the Gulf of America.

Pecan Island, Louisiana
This location is particularly interesting, given the strong natural gas infrastructure that Louisiana is particularly well-known for.
Most dont realize this, but SpaceXs rockets are fueled by natural gas.
More specifically, SpaceX processes natural gas through a liquefaction process to produce super-chilled liquid methane the principal propellant for SpaceX rockets.
The combination of liquid methane and liquid oxygen in a high-pressure combustion chamber creates a chemical reaction, which produces the thrust to get the Starship into orbit.

Source: SpaceX
The significance of what SpaceX is building cannot be understated.
The goal is a completely self-sustaining spaceport.
SpaceX will produce its own propellant on-site and its own power generation using natural gas.
SpaceX will also have its own deep-water shipping port, as well as an even larger Starship manufacturing facility than the one at its Gigabay at Starbase, Texas.
Perhaps theyll call it a Terabay?
Either way, it will need to have the capability to manufacture more than 1,000 Starships a year to meet its launch cadence objectives.
The announcement was made with much fanfare with the Governor of Louisiana, Jeff Landry, who was clearly thrilled about the implications of the investment that SpaceX would bring to his state.
The economic impact for Louisiana will be material, bringing 3,000 direct new jobs over the next 10 years with an average salary of $92,600, as well as 8,100 new indirect jobs because of all the economic activity.
More importantly, this wasnt a PR stunt.
Construction starts in 2027, with the first planned Starship launch in 2029.
Source: SpaceX
Its important to note that SpaceXs progress is not dependent upon the construction of Starbase Louisiana. Flight operations will continue out of Starbase Texas in Boca Chica.
The next Starship launch, Flight 14, is currently slated for mid-September.
And its a big one.
Flight 14 will be the Starships first full-orbital flight test, which will carry and deploy an array of third-generation Starlink satellites.
In fact, on Friday last week, SpaceX conducted an engine test of the Super Heavy Booster for Flight 14, in preparation.
And there is even talk of potentially attempting to catch both the booster and the Starship itself back at the launch pad using the Mechazilla robotic arms.
Wont that be an incredible sight?
What makes this latest announcement of Starbase Louisiana so meaningful is that not only has SpaceX already successfully built a Starbase (in Texas), it has the capital to make this a reality in Louisiana.
SpaceX, post IPO, now has $100 billion in cash on its books.
In 2027, it will generate more than $60 billion in EBITDA, more than $125 billion in EBITDA in 2028, and exceed $200 billion in 2029.
Yes, SpaceX will be burning through cash making the absolutely massive capital investments needed to achieve more than 1,000 Starship launches a year.
But given SpaceXs demonstrated ability to execute better than any other aerospace company in history and the already impressive scale of SpaceXs business with artificial intelligence, Starlink, and its launch services Musk will have no trouble at all raising additional capital to enable his vision of making the human race a multi-planetary species.
Gold Is Soaring But Are You Getting Paid Monthly? [sponsor]
While gold posts its strongest gains since 1979, income expert Tim Plaehn reveals a quiet $15 fund turning this historic surge into massive monthly income: up to $1,152 every month.