SAN FRANCISCO — Billionaire Elon Musk says he will move the headquarters of SpaceX and social media company X from California to Texas.
Musk posted on X on Tuesday that he plans to move SpaceX from Hawthorne, California, to Starbase, Texas. X will move from San Francisco to Austin.
He called a new law signed by California Governor Gavin Newsom on Monday that prohibits school districts from requiring their staff to inform parents of their child's change of gender identity “the last straw.”
“I made it clear to Governor Newsom about a year ago that laws like this would force families and businesses to leave California to protect their children,” Musk wrote.
Tesla, where Musk is CEO, moved its headquarters from Palo Alto, California, to Austin in 2021.
Musk also stated that he changed his residence from California to Texas, where there is no state income tax.
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