Elon Musk says he's moving SpaceX and X out of California

Elon Musk announces plans to relocate his companies out of California. Musk stated that SpaceX’s headquarters will be moved from Hawthorne, California, to Starbase, Texas. Similarly, the social media platform X will move from San Francisco to Austin, Texas. Musk attributed this decision to a recently signed law in California, which he claims negatively impacts families and businesses. Musk also cited concerns over crime near X’s current San Francisco location. It is worth noting that Musk has expressed an affinity for Texas in the past, with Tesla, his electric car company, also relocating its headquarters to Austin.