Published 07:38 IST, July 17th 2024
Elon Musk to Move SpaceX and X Headquarters From California Over Gender-identity Law
Billionaire Elon Musk says he's moving the headquarters of SpaceX and social media company X to Texas from California
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San Francisco: Billionaire Elon Musk says he's moving the headquarters of SpaceX and social media company X to Texas from California.
Musk posted on X Tuesday that he plans on moving SpaceX from Hawthorne, California to Starbase, Texas. X will move to Austin from San Francisco.
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He called a new law signed Monday by California Governor Gavin Newsom that bars school districts from requiring staff to notify parents of their child's gender identification change the “final straw”.
“I did make it clear to Governor Newsom about a year ago that laws of this nature would force families and companies to leave California to protect their children,” Musk wrote.
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Tesla, where Musk is CEO, moved its corporate headquarters to Austin from Palo Alto, California in 2021.
Musk has also said that he has moved his residence from California to Texas, where there is no state personal income tax.
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(Except for the headline, this story has not been edited by Republic and is published from a syndicated feed.)
07:38 IST, July 17th 2024