Elon Musk Announces Relocation of X and SpaceX Headquarters to Texas
Money | July 16, 2024, 4:13 p.m.
Elon Musk announced that he will be relocating the headquarters of his social media platform X and rocket manufacturer SpaceX from California to Texas in response to a new law protecting transgender children. The law, signed by Governor Gavin Newsom, prohibits school districts from notifying parents if their children change their gender identification. In protest, Musk took to X to express his disapproval, stating that the new law is "attacking both families and companies." He also mentioned that he had warned the California governor of these potential consequences before. SpaceX will move to its Starbase facility in Boca Chica, Texas, while X will be relocated to Austin. This decision highlights Musk's strong stance on social issues and his commitment to the welfare of his employees and users.