Elon Musk's X to Close San Francisco Headquarters on September 13 Amid Move to Texas

Aug 29, 2024, 05:41 PM

Elon Musk's company X, formerly known as Twitter, is set to close its San Francisco headquarters on September 13, marking a significant move as the company plans to relocate to Texas. This decision comes amid concerns over unfavorable taxation policies, crime, and new California laws in San Francisco. City officials have expressed a dismissive attitude towards the departure, with statements such as 'good riddance' from City Attorney David Chiu. The closure of the headquarters is not expected to have a major impact on the city, as officials note the company's reduced size.