KEY POINTS
  • Elon Musk's SpaceX bought two deepwater oil rigs last year and is converting them into floating launchpads.
  • Public records show that Valaris sold rigs 8500 and 8501 for $3.5 million each in July, shortly before the offshore rig company filed for Chapter 11 bankruptcy.
  • The rigs, renamed Deimos and Phobos, are in the Port of Brownsville near SpaceX's Starship development facility in Boca Chica, Texas.
An 8500 series oil rig. Elon Musk's SpaceX bought a deepwater oil rig of this series last year and is converting it into a floating launchpad for rockets.

Elon Musk's SpaceX bought two deepwater oil rigs last year and is converting them into floating launchpads, to support the enormous Starship rockets that the company is developing.

The rigs are in the Port of Brownsville, near SpaceX's Starship development facility in Boca Chica, Texas.