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Started By
Message
SpaceX owns the land
Posted on 9/4/26 at 7:42 pm
Posted on 9/4/26 at 7:42 pm
First time I’ve seen this reported.
The state acquired the property from ExxonMobil as part of a June settlement resolving coastal-damage litigation against the oil company. Louisiana then sold the land to SpaceX.
For 100 million dollars.
LINK
The state acquired the property from ExxonMobil as part of a June settlement resolving coastal-damage litigation against the oil company. Louisiana then sold the land to SpaceX.
For 100 million dollars.
LINK
Posted on 9/4/26 at 8:13 pm to FOBW
And as of this posting, it has already been pissed away.
Posted on 9/4/26 at 8:48 pm to FOBW
quote:
For 100 million dollars.

Posted on 9/4/26 at 8:49 pm to deeprig9
quote:on ex NFL players?
it has already been pissed away
Posted on 9/4/26 at 8:55 pm to FOBW
Not sure that's technically accurate. I think I read that the Parish holds ownership of the land and is leasing it to SpaceX for essentially nothing.
The $100m was a direct fund of specific Coastal Master Plan projects. Of course there's a good chance that CPRA will go on a spending spree with that influx of cash.
The $100m was a direct fund of specific Coastal Master Plan projects. Of course there's a good chance that CPRA will go on a spending spree with that influx of cash.
Posted on 9/4/26 at 9:08 pm to FOBW
The tax assessor needs to update their map


Posted on 9/4/26 at 9:15 pm to FOBW
I'm an Exxon Share Holder and this is the first I'm hearing of this.
Posted on 9/4/26 at 9:26 pm to FOBW
I look forward to the SpaceX patch on LSU jerseys.
Posted on 9/4/26 at 9:40 pm to Turnblad85
quote:
I'm an Exxon Share Holder
Does Exxon usually keep you up to date with acquisitions, any pending litigation, or general capital expenditures? Or anything of the like?
Posted on 9/4/26 at 9:41 pm to Herschal
quote:
Does Exxon usually keep you up to date with acquisitions
I laughed at his response. Its not like Exxon is updating every shareholder of every move outside of earnings reports
Posted on 9/4/26 at 9:44 pm to FOBW
quote:
For 100 million dollars
So we, and by we, I mean Landry, traded away the billion plus free dollars from the BP settlement designated for the coastal master plan for $100 million, all in the name of “protecting porpoises.”
This post was edited on 9/4/26 at 9:47 pm
Posted on 9/4/26 at 10:06 pm to Turnblad85
Well so I’m I and this was all over the press the instant it happened. How did you not know?
Posted on 9/4/26 at 10:14 pm to REG861
Well that’s a dumb statement, as read and received. Would you respond again using the King’s English? Or perhaps someone on this board can translate.
Posted on 9/4/26 at 10:16 pm to FOBW
The residents are going to be fricking miserable. They have no idea.
This post was edited on 9/4/26 at 10:17 pm
Posted on 9/4/26 at 10:41 pm to blueboy
Mark. Broussard and Linda Parsons are about to make serious bank….
Posted on 9/4/26 at 11:45 pm to blueboy
I seen a video of some residents saying they still haven’t been contacted about what’s going on in the area. That’s unfortunate I would have hoped someone would have gathered everyone in the immediate area just to brief them on what’s going on. I can understand not saying anything before the official announcement but it’s time to start engaging with the Pecan Island residents on how they can be taking care of.
Posted on 9/4/26 at 11:55 pm to SWLA92
quote:
the Pecan Island residents on how they can be taking care of.
They should go to the local bank and start building trailer parks for all the new workers to live during construction.
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