Billionaire Elon Musk says he’s moving the headquarters of SpaceX and social media company X to Texas from California. (AP Photo/Susan Walsh, File | AP Photo/Eric Gay)
San Francisco
Elon Musk is moving his companies out of California.
The tech billionaire said on Tuesday he is moving the headquarters of SpaceX and social media company X to Texas.
Musk shared that he has reached his decision after California became the first U.S. state to bar school districts from requiring staff to notify parents of their child’s gender identification change.
The new law was signed Monday by Gov. Gavin Newsom.
Musk has clashed with California leaders in the past over regulations, and on Tuesday he said this was “the final straw.”
The Associated Press reports the law bans school rules requiring teachers and other staff to disclose a student’s gender identity or sexual orientation to any other person without the child’s permission.
Those in favor of the legislation said it will help protect LGBTQ+ students who live in unwelcoming households. But those against it said it will hinder schools’ ability to be more transparent with parents.
“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.”
According to the tech mogul, X’s headquarters will also be moving from San Francisco to Austin, Texas.
“I did make it clear to Governor Newsom about a year ago that laws of this nature would force families and companies to leave California to protect their children,” Musk shared.
Musk has already moved Tesla’s corporate headquarters to the Austin area from Palo Alto, California, in 2021.
Additionally, the 53-year-old said that he has also moved his residence from California to Texas, where there is no state personal income tax.