While the precise impact wasn’t immediately known, the relocation will certainly be a heavy blow to the South Bay and regional economy.
Hawthorne-based SpaceX, the massive aerospace company known for its innovative rockets and space capsules — with billions of dollars worth of contracts with the federal government — will move its headquarters from California to Texas, founder Elon Musk announced on X, formerly Twitter, on Tuesday, July 16.
Musk, who also announced X will move from San Francisco to Austin, said a new law signed Monday by California Gov. Gavin Newsom that bars school districts from requiring staff to notify parents of their child’s gender identification change was the “final straw.” “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 wrote.Musk has also said that he has moved his residence from California to Texas, where there is no state personal income tax.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk moving SpaceX out of Hawthorne: ‘This is the final straw’Elon Musk has apparently had enough and announced he plans to move SpaceX and X, formerly known as Twitter, out of California.
Read more »
Elon Musk says he's moving SpaceX, X headquarters from California to TexasBillionaire Elon Musk says he’s moving the headquarters of SpaceX and social media company X to Texas from California.
Read more »
Elon Musk says he's moving SpaceX, X headquarters from California to TexasBillionaire Elon Musk says he’s moving the headquarters of SpaceX and social media company X to Texas from California.
Read more »
Elon Musk says he's moving SpaceX and X headquarters from California to TexasCiting street crime and new transgender school law he calls the last straw, Elon Musk says he is moving the headquarters of SpaceX and X from California to Texas.
Read more »
Elon Musk moving SpaceX, X headquarters to Texas from California, he saysBillionaire Elon Musk says he's moving the headquarters of SpaceX and social media company X to Texas from California.
Read more »
Elon Musk says he's moving SpaceX, X headquarters from California to TexasMusk has also said that he has moved his residence from California to Texas, where there is no state personal income tax.
Read more »