- Elon Musk to shut X San Francisco office
- Musk recently announced he will relocate both X and his aerospace company, SpaceX, to Texas
- He cited dissatisfaction with California’s new law that restricts schools from making rules requiring staff to disclose a student’s gender identity information
- Musk described this law as “the last straw,” leading to his decision to leave the state
Elon Musk to shut X San Francisco office
Elon Musk announced on X, formerly known as Twitter, that the platform’s main office will be relocating out of San Francisco. This decision follows a report by the New York Times detailing an email from X’s CEO, Linda Yaccarino, which informed staff about the closure and upcoming move to San Jose and Palo Alto.
Musk’s announcement comes on the heels of his recent declaration to relocate both X and his aerospace company, SpaceX, to Texas. He cited dissatisfaction with California’s new law that restricts schools from making rules requiring staff to disclose a student’s gender identity information, including to parents. Musk described this law as “the last straw,” leading to his decision to leave the state.
No choice. It is impossible to operate in San Francisco if you’re processing payments.
— Elon Musk (@elonmusk) August 5, 2024
That’s why Stripe, Block (CashApp) & others had to move.
“No choice. It is impossible to operate in San Francisco if you’re processing payments,” the technology entrepreneur said on X.
“That’s why Stripe, Block (CashApp) & others had to move,” he added, hinting that it was local laws that triggered his decision.
Musk acquired Twitter for $44 billion in 2022, quickly implementing significant changes, including job cuts and reduced content moderation. His decision to move X’s headquarters mirrors his earlier move of Tesla’s headquarters to Texas in 2021, a state known for its lack of income tax, where Musk is also a resident.