Elon Musk Relocates X Headquarters from San Francisco to Texas
San Francisco officials express relief over the move, citing minimal economic impact and ongoing disputes with Musk.
- X, formerly Twitter, is moving its headquarters to Austin, Texas, under Elon Musk's direction.
- San Francisco leaders, including City Attorney David Chiu, have welcomed the decision, stating 'good riddance.'
- The relocation follows Musk's dissatisfaction with San Francisco's business environment and recent California legislation.
- San Francisco's chief economist noted that the company's departure would have little economic impact due to its reduced presence.
- The move marks the end of a tumultuous relationship between Musk and San Francisco, marked by public disputes and regulatory clashes.