Elon Musk said on Tuesday (Jul 16) that he is moving the headquarters of two of his companies - social media platform X and rocket company SpaceX - to Texas from California, citing a new law around gender identity protections for minors as the "last straw".
Elon Musk said on Tuesday that he is moving the headquarters of two of his companies - social media platform X and rocket company SpaceX - to Texas from California , citing a new law around gender identity protections for minors as the"last straw"., will have relocated most of the businesses he controls to Texas .
He transferred SpaceX’s incorporation from Delaware to Texas earlier this year. This followed a Delaware judge's decision invalidating Musk's US$56-billion compensation plan at electric vehicle maker Tesla, where he is the largest shareholder and CEO.'s headquarters to Texas as well but said last year that California would remain its engineering hub.
A new California law that forbids school districts from requiring teachers to notify parents when a child changes gender identity or sexual orientation was one reason for Tuesday's announcement. "Because of this law and the many others that preceded it, attacking both families and companies," Musk said in explaining the decision in posts on X - formerly Twitter which he bought in 2022. He described the law as the"last straw".
SpaceX has a sprawling headquarters just outside Los Angeles where employees build and test rocket engine components, spacecraft and satellites.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Musk's SpaceX gets $1.1b to help discard International Space Station around 2030NASA awarded SpaceX $843 million to build a vehicle capable of pushing the International Space Station into Earth's atmosphere for its planned destruction around 2030, it said on Wednesday (June 26), a task originally meant for Russia's thrusters.
Read more »
Thermonuclear blasts and new species: Inside Elon Musk’s plan to colonise MarsSpaceX employees are working on plans for a Martian city, including dome habitats and spacesuits.
Read more »
US FAA grounds SpaceX’s Falcon 9 rocket, after failure dooms batch of Starlink satellitesIt is the first failure in more than seven years of a rocket relied upon by the global space industry.
Read more »
Marissa Teijo: 71-year-old beauty competes in Miss Texas USALatest Breaking News
Read more »
A new bridge may save California mountain lions under threat from loss of habitat, wildfiresSqueezed into smaller areas, some of these animals die after they end up roaming just outside of the highly populated city of Los Angeles.
Read more »
Elon Musk's $75b pay: Tesla, critics clash over how to resolve legal disputeWILMINGTON, Delaware — Tesla and opponents of Elon Musk's compensation clashed on Friday (June 21) over ways to resolve the legal quagmire that has engulfed the CEO's US$56 billion (S$75.8 billion) pay package and billions of dollars in potential legal fees generated by the case.
Read more »