Elon Musk, a billionaire, announced his intention to relocate the headquarters of both SpaceX and the social media company X from California to Texas.
Revealing his strategy, the billionaire Elon Musk communicated intentions to relocate both SpaceX and X social media firm’s headquarters from California to Texas.
He stated that SpaceX would be shifted to Starbase in Texas from Hawthorne, while X was set to make a move from San Francisco and relocate to Austin.
Described as the “final straw,” California Governor Gavin Newsom signed a new law on Monday that prohibits school districts from requiring staff to inform parents about their child’s gender identification change.
Musk stated that approximately one year ago, he communicated directly with Governor Newsom to express his belief that legislation of this nature would result in the migration of families and enterprises from California as a means to safeguard their children.
Musk verified that he relocated his place of residence from California to Texas, a location where there is no personal income tax.
Tesla, led by Musk in 2021, relocated its corporate headquarters from Palo Alto to Austin.
SpaceX builds and launches its colossal Starship rockets at a location called Starbase, situated near the Mexican border in Boca Chica Beach of Southern Texas.
Moreover, the corporation’s diminutive Falcon 9 rockets are set off from two locations namely Cape Canaveral in Florida and Southern California.
