Elon Musk says X and SpaceX headquarters will move to Texas
The billionaire industrialist has an estimated net worth of $221 billion and owns Tesla, SpaceX, xAI, and the X social media platform.
On July 16, Elon Musk announced that he would be moving the headquarters of X and SpaceX from California to Texas in response to Governor Gavin Newsom’s passage of Bill AB1955, which he criticized as anti-family. Musk also cited California’s hostile regulatory climate as a reason for the relocation.
According to the billionaire, the X headquarters will move to Austin, Texas, and the SpaceX headquarters will move to Starbase, Texas.
Following his announcement, Musk remarked that he “Had enough of dodging gangs of violent drug addicts just to get in and out of the building” before commenting on the bill, which he says would prevent schools from notifying parents if their child identified as transgender.
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Author: Vince Quill
