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Musk's SpaceX to invest $1.8 billion in Florida to expand Starship program

2025-03-04 19:53:00, Kosova & Bota CNA

Musk's SpaceX to invest $1.8 billion in Florida to expand Starship program

SpaceX is planning to invest at least $1.8 billion to build new Starship launch platforms and processing facilities on Florida's Space Coast, aiming for a key expansion for the rocket program beyond Texas amid pending environmental reviews, according to the state's governor.

Elon Musk's SpaceX has sought to build new Starship launch pads near its main launch sites in Florida, as it works in Texas on the development and early testing of the next-generation rocket designed to lift larger payloads of satellites into space and put humans on the Moon later this decade.

Musk's SpaceX to invest $1.8 billion in Florida to expand Starship program

"The project involves at least $1.8 billion in capital investment by SpaceX and will bring approximately 600 new full-time jobs to the Space Coast by 2030," Florida Governor Ron DeSantis' office said in a statement.

The U.S. Air Force is leading a review of how launching Starship in the state will affect the local environment. A draft report of SpaceX's plans and its environmental impact is expected to be released in the spring, followed by a regulatory decision later this year on whether to give the green light to those plans. /CNA





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