SpaceX to build $100 billion rocket launch complex in southern Louisiana

Elon Musk is known for his grandiose promises and highly optimistic timelines

The stock gained 2.92% and stood at $138.92 at 11:42 a.m. ET.

Musk was not there, but he appeared with Landry in a promotional video that played before the Republican governor's speech.

Shotwell detailed the ​plans near the proposed site in Louisiana’s Vermilion Parish at an event ​with Governor Jeff Landry and other senior state officials.