Mid-Market companies brace for Musk transferring X out of S.F.


Mid-Market companies brace for Musk transferring X out of S.F.

03:27

X, previously referred to as Twitter, has revealed when it can completely shut its San Francisco headquarters after the Elon Musk-owned firm earlier this 12 months introduced plans to maneuver its operations to Texas. 

The official deadline shall be Friday, Sept. 13, Fortune first reported, citing an individual accustomed to the matter. X knowledgeable staff of the approaching workplace closure in a memo Thursday, in accordance with the publication. New York Occasions reporter Kate Conger, who covers X, additionally reported that the headquarters will shut Sept. 13. 

Twitter was launched in San Francisco in 2006, and its first headquarters was at 164 South Park Ave.

X didn’t instantly reply to a request for remark. 

A view of X, previously Twitter, headquarters on August 06, 2024, in San Francisco, California. 

Justin Sullivan/Getty Photographs


X staff had not beforehand been notified relating to after they’d be relocating, in accordance with a separate Fortune report. Musk in July stated he deliberate to relocate X and rocket maker Area X, which he additionally owns, from California to Texas, citing his opposition to a not too long ago enacted California legislation banning college districts from requiring that faculties notify dad and mom if their kids ask to be referred to by a distinct pronoun. 

“That is the ultimate straw,” Musk said in asserting that X would transfer its headquarters to Austin, Texas, and that Area X would transfer to Starbase, Texas. 

“I did make it clear to Governor Newsom a few 12 months in the past that legal guidelines of this nature would pressure households and firms to depart California to guard their kids,” he added. 

In a separate publish on X, Musk had additionally complained about what he known as “gangs of violent drug addicts” that the billionaire entrepreneur stated staff have been compelled to dodge “simply to get out and in of the constructing,” referring to San Francisco’s mid-Market Avenue space, the place X’s headquarters is positioned.



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