New Title: Elon Musk Plans to Relocate SpaceX and X Headquarters Due to Gender-Identity Law

Money | July 16, 2024, 10:03 p.m.

Billionaire Elon Musk announced plans to move the headquarters of SpaceX and X from California to Texas due to his opposition to a new state law regarding gender identity in schools. This decision comes after Musk moved Tesla's headquarters to Texas in 2021 over Covid-era lockdowns. The move has been met with criticism from California Governor Gavin Newsom. Musk, who has a transgender daughter, has expressed support for the LGBTQ community but has also voiced concerns about transgender medical treatments on children. The relocation of the headquarters will have implications for the thousands of employees currently working in California. Despite these challenges, Texas Governor Greg Abbott sees Musk's decision as a win for the state's reputation as a leader in space exploration. This move highlights the ongoing debate around privacy, parental rights, and corporate headquarters in the US.