Tech mogul Elon Musk introduced Tuesday afternoon that he can be transferring the headquarters of each his social media firm X and SpaceX to Texas in response to a brand new California legislation signed by Gov. Gavin Newsom.
Musk made the announcement in a pair of posts to the social media platform previously often called Twitter at round 12:13 p.m. and 12:30 p.m., saying that SpaceX can be transferring its headquarters from Hawthorne to Starbase, Texas, whereas X would relocate its headquarters from San Francisco to the tech hub of Austin.
“Have had sufficient of dodging gangs of violent drug addicts simply to get out and in of the constructing,” Musk added in a separate publish, apparently referring to points within the neighborhood surrounding the X headquarters within the metropolis’s mid-Market Road space.
Musk stated the “remaining straw” in his determination was a brand new California legislation that bans faculty districts from passing insurance policies requiring colleges to inform dad and mom if their baby asks to vary their gender identification.
“I did make it clear to Governor Newsom a couple of yr in the past that legal guidelines of this nature would power households and corporations to depart California to guard their youngsters,” Musk wrote in one other publish on X.
Musk had already moved the company headquarters of his electrical automobile firm Tesla to Austin from Palo Alto in 2021, although the corporate nonetheless has a big manufacturing facility in Fremont that has expanded since that transfer.
Musk has additionally beforehand stated that he moved his non-public residence from California to Texas.
The announcement about X comes lower than two years after Musk took cost of the previous Twitter social media platform in a $44 billion deal and fired its prime executives. Musk additionally fired, laid off, or in any other case misplaced the vast majority of its workforce together with engineers, content material moderators, and executives answerable for making guidelines and imposing them.
In June 2023, Musk rebranded the platform as X and added a vivid, flashing X brand to the highest of the San Francisco constructing which homes its places of work. It was eliminated inside days after space residents complained and the town decided there was no allow obtained for the constructing signage.