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Elon Musk's X Moves HQ from San Francisco to Texas; City Officials Say 'Good Riddance'
22 posts•EconomicsBusinessTech
Elon Musk's company, X, formerly known as Twitter, is relocating its headquarters from San Francisco to Texas. This move marks the end of a longstanding relationship between the tech giant and the city it once symbolized as a start-up hub. San Francisco city officials, including City Attorney David Chiu, have expressed little regret over the departure, with many echoing the sentiment of 'good riddance.' The decision to move is attributed to unfavorable taxation policies and concerns over crime in San Francisco. The city's officials believe the departure will not have a significant impact due to the company's reduced presence compared to its earlier years.