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    Home»Tech News

    Musk says ‘no choice’ but to shut X San Francisco HQ

    Team_NewsStudyBy Team_NewsStudyAugust 6, 2024 Tech News No Comments2 Mins Read
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    Elon Musk has stated in a publish on X, previously often called Twitter, that he has “no alternative” however to maneuver the flagship workplace of the social platform out of San Francisco.

    The publish was in response to a New York Instances report about an electronic mail from X chief govt Linda Yaccarino to workers, which stated the workplace was closing, with staff transferring to San Jose and Palo Alto.

    It comes simply weeks after Mr Musk stated he would transfer X and his rocket firm SpaceX to Texas.

    He stated it was resulting from latest legal guidelines handed by the state – particularly a brand new regulation which prevents faculties from making guidelines to require workers to inform anybody, together with dad and mom, details about a toddler’s gender id.

    “No alternative. It’s inconceivable to function in San Francisco should you’re processing funds,” the know-how entrepreneur said on X.

    “That’s why Stripe, Block (CashApp) & others needed to transfer,” he added, hinting that it was native legal guidelines that triggered his choice.

    X didn’t instantly reply to a BBC Information request for remark.

    In July, the multi-billionaire stated the places of work of X and SpaceX would transfer to Texas, after California launched the brand new gender id regulation.

    On the time, Mr Musk referred to as it “the final straw” in a post on X.

    In response, California’s Democrat Governor Gavin Newsom posted on X “You bent the knee,” together with a screenshot of a 2022 publish from former President Donald Trump criticising the billionaire.

    In 2022, Mr Musk purchased Twitter for $44bn (£34.4bn) and instantly set about making adjustments on the firm, together with slicing jobs and decreasing content material moderation on the platform.

    He moved Tesla’s headquarters to Texas in 2021 and is a resident of the state – which has no state-level earnings tax.



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