- Elon Musk stated he deliberate to maneuver the X headquarters from California to Texas.
- Officials in San Francisco do not seem overly upset about it.
Officials in San Francisco aren’t all that torn up over X proprietor Elon Musk’s plans to take the social media firm out of city.
“I share the angle that the majority San Franciscans have, which is nice riddance,” City Attorney David Chiu informed The New York Times.
Musk introduced in July that he would transfer the X headquarters from San Francisco to Austin after California handed a legislation towards “compelled outings of LGBTQ+ college students in faculties.”
Musk has promoted anti-trans content material on his platform prior to now, which his transgender daughter, Vivian Jenna Wilson, criticized.
Last month, The billionaire additionally stated he was sad with San Francisco’s “gross receipt tax.”
“Even if the extreme crime downside in SF have been to be solved tomorrow, X couldn’t stay in SF and launch funds, as it will instantly fail,” Musk wrote on X.
It’s not totally clear when X plans to relocate to Texas.
The Times reported earlier this month that X CEO Linda Yaccarino informed staffers they might transfer to workplaces in San Jose and that X would open an workplace in Palo Alto, each of which — notably — are different cities in California.
“This is a crucial resolution that impacts a lot of you, however it’s the proper one for our firm in the long run,” the memo stated.
For their half, native officers in San Francisco appear tremendous with Musk’s resolution to relocate.
Mayor London Breed informed the Times that regardless of assembly with Musk “a number of months in the past” and texting him, she had not made gives to persuade X to remain in San Francisco.
“I’m not going to beg anyone,” Breed stated.
Breed stated she believed Musk’s political agenda, which has turn out to be notably conservative, might have influenced his exit.
Musk’s time heading Twiter — which he rebranded to X final 12 months — has been tumultuous. After Musk purchased Twitter in 2022, he fired lots of of workers. He then laid off a second spherical of employees the evening earlier than Thanksgiving.
Ted Egan, San Francisco’s chief economist, stated X’s presence has shrunk a lot that its absence would not have an effect on the native financial system.
“In many respects, they have been already gone,” he informed the outlet.
Representatives for Musk didn’t instantly reply to a request for remark from Business Insider.
