Elon Musk is moving SpaceX and X headquarters to Texas from California, citing a new law barring schools from notifying parents of gender identity changes as the 'final straw'.
Photograph: Mark Brake / Getty Images.
San Francisco, Jul 17 (AP) 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.
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.
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.
Rediff.com » Market News » Elon Musk Moves SpaceX, X HQ to Texas: California Law the 'Final Straw'
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