Close Menu
The Crypto ChicagoThe Crypto Chicago
  • Home
  • Chicago
  • Crypto Finance
  • Crypto Market
  • Crime
  • Crypto Regulation
  • Crypto Opinion
  • Politics
What's Hot

BMW to Recall 720,796 Vehicles in North America due to Fire Risk

August 20, 2024

President Biden highlights achievements and endorses Kamala Harris for 2024.

August 20, 2024

Road rage shooting incident in Park Ridge under investigation

August 20, 2024
Telegram
Trending
  • BMW to Recall 720,796 Vehicles in North America due to Fire Risk
  • President Biden highlights achievements and endorses Kamala Harris for 2024.
  • Road rage shooting incident in Park Ridge under investigation
  • 17-year-old boy shot and killed in Little Village shooting
  • SEC updates regulations for cryptocurrency exchanges.
  • Sygnum Syndicates $50 Million Bitcoin-Backed Loan for Ledn
  • Montgomery Festival Draws Record Crowds and Features Duck Race
  • How to Protect Your Home on Google Maps: Blur Your Location
Thursday, May 8
Telegram
Telegram
The Crypto ChicagoThe Crypto Chicago
Subscribe
Thursday, May 8
  • Home
  • Chicago
  • Crypto Finance
  • Crypto Market
  • Crime
  • Crypto Regulation
  • Crypto Opinion
  • Politics
The Crypto ChicagoThe Crypto Chicago
Home»Crypto Finance

Elon Musk announces SpaceX and X headquarters move to Texas in response to California law – Mixed reactions from leaders.

Jessica SmallyBy Jessica SmallyJuly 17, 2024 Crypto Finance No Comments2 Mins Read
Elon Musk announces SpaceX and X headquarters move to Texas in response to California law – Mixed reactions from leaders.
Share
Facebook Twitter LinkedIn Email Telegram

## Elon Musk Announces Move to Texas from California

Tech mogul Elon Musk made headlines on Tuesday when he announced that the headquarters of social media companies X and SpaceX will be moving to Texas from California. This decision comes in response to a new law signed by California Governor Gavin Newsom.

### Musk’s Decision to Relocate

In a series of tweets, Musk explained that the move was prompted by the new California law, stating that it was the “final straw” in a series of challenges faced by families and companies. Musk revealed that SpaceX will be relocating its headquarters from Hawthorne, California, to Starbase, Texas, while X will also be moving its headquarters.

### Reactions from California Leaders

The announcement did not go unnoticed, with Governor Newsom responding with a tweet saying, “You bent your knees.” Senator Scott Weiner also commented, suggesting that California had provided subsidies to Musk and questioning the authenticity of the move.

### Previous Moves and Controversies

This is not the first time Musk has made headlines for relocating his businesses. In 2021, Tesla’s headquarters moved from Palo Alto to Austin, Texas. Musk himself has also moved his private residence from California to Texas.

### Impact on X and SpaceX

The decision to move the headquarters of X and SpaceX marks a significant shift for both companies. Musk has been vocal about his dissatisfaction with certain aspects of operating in California, citing issues with safety and regulations.

### Future Plans and Developments

As Musk continues to make bold moves in the business world, it remains to be seen how the relocation of X and SpaceX will impact the tech industry and California’s economy. The dynamic relationship between Musk and the state’s leadership may also continue to shape these developments.

In conclusion, Elon Musk’s decision to move the headquarters of X and SpaceX to Texas has sparked mixed reactions from California leaders. This move is a testament to Musk’s entrepreneurial spirit and his willingness to make bold decisions in pursuit of his vision for the future.

Jessica Smally

Keep Reading

BMW to Recall 720,796 Vehicles in North America due to Fire Risk

Sygnum Syndicates $50 Million Bitcoin-Backed Loan for Ledn

Bitcoin’s Price Range Amid Risk-On Sentiment

Tether mints $1 billion USDT on Tron

Bitcoin Long-Term Holders Remain Bullish in 2024

Jupiter Alerts Users About Malicious Browser Extension

Add A Comment
Leave A Reply Cancel Reply

BMW to Recall 720,796 Vehicles in North America due to Fire Risk

August 20, 2024

President Biden highlights achievements and endorses Kamala Harris for 2024.

August 20, 2024

Road rage shooting incident in Park Ridge under investigation

August 20, 2024

17-year-old boy shot and killed in Little Village shooting

August 20, 2024

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

Facebook X (Twitter) Instagram Pinterest
  • About Us
  • Disclaimer
  • Privacy Policy
© 2025 ThemeSphere. Designed by ThemeSphere.

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.