Economic leaders discuss benefits after Elon Musk announces relocation of his companies to Texas

  • 📰 KVUE
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Musk already has two companies, Tesla and The Boring Company, headquartered in Texas. Now he plans to move X's headquarters to Central Texas and SpaceX to Starbase.

is planning to relocate two more of his companies to Texas.California"This is the final straw. Because of this law and the many others that preceded it, attacking both families and companies, SpaceX will now move its HQ from Hawthorne, California, to Starbase, Texas," Musk wrote on X on July 16.

"Texas government listens to business, and if business deals tells or asks Texas government, 'This is what we need to make these big investments,' Texas government listens, it makes its judgments and it says 'yes or no.

The growth could lead to higher rent and cost of living, but Gawande still believes these are the right moves in terms of prosperity.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 244. in BUSİNESS

Business Business Latest News, Business Business Headlines