Elon Musk, the tech mogul behind Tesla and SpaceX, has declared his intention to relocate the headquarters of his recently acquired social media company X and SpaceX from their current location in California to Texas. This move comes in response to a new California law signed by Governor Gavin Newsom, as reported by the Texas Tribune. The law in question, bans mandatory notifications by teachers to parents about students' gender identity changes, was cited by Musk as the last in a series of state actions prompting the shift.
"This is the final straw. Because of this law and many others that preceded it, attacking both families and companies, SpaceX will now move its HQ from Hawthorne, California to Starbase, Texas," Musk said on X yesterday, expressing a sentiment that he had previously communicated to Gov. Newsom Musk claimed that such policies could compel families and companies to depart California in order to protect their children although SpaceX has had a significant presence in Texas for some time with its Starbase launch facility located near Brownsville.
This is the final straw.
— Elon Musk (@elonmusk) July 16, 2024
Because of this law and the many others that preceded it, attacking both families and companies, SpaceX will now move its HQ from Hawthorne, California, to Starbase, Texas. https://t.co/cpWUDgBWFe
Texas Governor Greg Abbott and U.S. Senator Ted Cruz, both Republicans, welcomed Musk's announcement with open arms. "This cements Texas as the leader in space exploration," Abbott stated on X, reflecting Texas' burgeoning reputation as a haven for tech and innovation enterprises.
BREAKING
— Greg Abbott (@GregAbbott_TX) July 16, 2024
.@elonmusk announces the move of SpaceX headquarters to the great state of Texas.
This cements Texas as the leader in space exploration. https://t.co/n5BqQcuZRc
Musk's affinity for the Lone Star State has been growing over recent years, he's been reported planning to construct an idyllic town for his employees outside Austin as documented by the Wall Street Journal in March 2023, in addition to moving his personal residence from California to Texas and shifting Tesla's head office there in 2021, plans for a novel institution dubbed "X University" in Austin surfaced through Bloomberg News tax filings suggesting a broader strategy of Musk to root his ventures in Texas soil.
The Texas political leadership, including Cruz who said, "We’re proud you call Texas home & Texas is proud to welcome the HQs of both X and SpaceX," signals a strategic embrace wanting to further cement the state's status as a sanctuary for innovation and free enterprise - a trend that seems to be gaining momentum with Musk's latest business maneuver.
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