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Report published September 2, 2026

Starbase Louisiana 101: Deutsche Bank Research Report on SpaceX

Source and citation context

Report date
September 2, 2026
Analysis as of
September 1, 2026

Authors / editors: Edison Yu, Bryan Kraft, Christophe Menard, Melissa Weathers, Laura Li

Finvaulta summarizes Deutsche Bank's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.

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Deutsche Bank maintains a Buy rating on SpaceX with a $235 price target following the announcement of a new ~$100bn 'Starbase Louisiana' launch complex at Pecan Island. The location addresses long-term orbital trajectory, geographic, regulatory, and propellant bottlenecks for high-cadence Starship operations.

Key Takeaways

  • 1.SpaceX announced a new Starship launch site in Pecan Island, Louisiana, with a headline $100bn investment spanning over a decade.
  • 2.The Louisiana location solves key trajectory constraints for launching orbital data centers into Sun-Synchronous Orbits (SSO) over open southerly water corridors.
  • 3.Geographical scale (~125k acres), Henry Hub natural gas pipeline access, and onsite propellant processing resolve critical logistics and supply bottlenecks.

Table of Contents

  • Starbase Louisiana 101
  • New Starbase
  • Rationale #1 - Orbital trajectory
  • Rationale #2 - Geography
  • Rationale #3 - Regulation
  • Rationale #4 - Propellant
  • Appendix 1
  • Important Disclosures
  • Analyst Certification
  • Additional Information

Report data

Figure 1: Texas vs. Louisiana — as of September 1, 2026.

MetricEstimateContext
SpaceX Stock Price142.23 USDClosing share price prior to publication date.
SpaceX Price Target235.00 USDDeutsche Bank 12-month projected price target.
Headline Investment Amount100 billion USDEstimated total investment for Starbase Louisiana.
Pecan Island Site Area125000 acresLand area for new launch complex in Vermilion Parish, Louisiana.
Expected Job Creation10000 jobsExpected employment generated with 60-80% local hiring.
Source: Deutsche Bank Securities Inc. / Exchanges; Deutsche Bank Securities Inc.; SpaceX / Deutsche Bank; Deutsche Bank; SpaceX. This is a dated model snapshot, not a live forecast.

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Authors / Editors

Edison YuBryan KraftChristophe MenardMelissa WeathersLaura Li

Reported Data Context

  • SpaceX Stock Price: 142.23 USD (2026-09-01) · Source: Deutsche Bank Securities Inc. / Exchanges
  • SpaceX Price Target: 235.00 USD (12-month horizon) · Source: Deutsche Bank Securities Inc.
  • Headline Investment Amount: 100 billion USD (Over a decade) · Source: SpaceX / Deutsche Bank
  • Pecan Island Site Area: 125000 acres · Source: Deutsche Bank
  • Expected Job Creation: 10000 jobs · Source: SpaceX

Securities

XOMSPCX

Themes

Space Commercialization & Infrastructure ExpansionOrbital Data Centers & Satellite ConstellationsPropellant Supply Chain & Cryogenic Infrastructure

Regions

North AmericaUnited States