SpaceX Plan for Louisiana Launch Complex Includes Potential Marsh Restoration
SpaceX’s proposed $100 billion rocket launch complex on Louisiana’s coast may spur investment in marsh restoration and shoreline protection, but the state’s Coastal Protection and Restoration Authority says spending and scope are still unclear. The company acquired about 125,000 acres in Vermilion Parish and discussed funding projects such as rebuilding roughly 2,000 acres of eroded marsh via mitigation and proceeds from a $100 million property purchase. Its COO said the occupied area after buildout would be limited even as the site could