Space Florida has approved “Project Hinton” at Cape Canaveral, which will come with $1.8 billion capital investment and the creation of 600 new jobs. The vote on Wednesday was to approved up to $65 million of state funds being committed to the project.

While Space Florida has yet to disclose the company behind this massive investment, speculation has largely centered on SpaceX, which is planning to construct a facility for its future Starship operations in Florida. SpaceX has expanded its presence at Cape Canaveral over the last decade as the company grew and its launch cadence increased to the highest, surpassing even national governments.

Starship is SpaceX’s mega-rocket in development, and plans for it to launch from Eastern Range (Kennedy Space Center plus the adjacent Cape Canaveral Space Force Station) have become visible: the FAA Environmental Impact Statement in progress for Launch Complex 39A, another Environmental Impact Statement for Space Launch Complex-37 at Cape Canaveral in progress, and the recent request by NASA for wetlands determination permit for a potential construction project at SpaceX’s Launch Complex 39A — presumably the Starship facility planned for that location.

Or, it could be something else. Time will tell.