Elon Musk Pulls Companies From California After Gavin Newsom Signs New Law

Elon Musk said on Tuesday in a post on X, formerly Twitter, that he plans to move his company SpaceX headquarters from California over what he said was a new law in the state that was 'attacking both families and companies.'The CEO of the rocket manufacturer appeared to reference a piece of legislation that California's Governor Gavin Newsom signed into law on Monday—AB 1955 also known as Support Academic Futures and Educators for Today's Youth Act.

'I did make it clear to Governor Newsom about a year ago that laws of this nature would force families and companies to leave California to protect their children,' he said.Newsweek contacted Newsom's office for comment via email on Tuesday.Musk later also said that he planned to move the social media X, a company that he owns, to Austin, Texas.It's unclear how many employees will have to decamp to Texas should the plan come to fruition.

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A Robotaxi Business Is A Dream For Elon Musk–But Already A Reality For WaymoAlan Ohnsman is a Forbes senior editor who covers cleantech and advanced transportation. He joined Forbes in 2016 and works in Los Angeles. He co-authors the Current Climate newsletter, writes about promising clean energy developments and has covered Tesla since 2006, when he was with Bloomberg News. He has a graduate degree in journalism and a B.
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