Elon Musk Is Officially Moving X Out of San Francisco: 'No Choice'

Aug 06, 2024 11:25 PM - 4 months ago 89977

After respective proclamations connected societal media, Elon Musk is officially shutting down X's office successful San Francisco.

On Monday, nan New York Times reported that nan company's Market Square flagship agency and longtime HQ would beryllium shuttered successful nan coming weeks, citing an soul memo to labor written by CEO Linda Yaccarino.

Related: Tesla Moving HQ from California to Texas

"This is an important determination that impacts galore of you, but it is nan correct 1 for our institution successful nan agelong term," Yaccarino reportedly wrote, noting nan company's existing offices successful adjacent San Jose and an engineering agency successful Palo Alto shared pinch xAI would stay open. Displaced labor would beryllium transferred to these locations.

X, formerly Twitter, has occupied nan Market Square building since 2012, though nan institution was primitively founded successful 2006.

Musk confirmed nan news connected X, responding to a station containing nan original New York Times article.

"No choice. It is intolerable to run successful San Francisco if you're processing payments," Musk wrote. "That's why Stripe, Block (CashApp) & others had to move."

No choice. It is intolerable to run successful San Francisco if you're processing payments.

That's why Stripe, Block (CashApp) & others had to move.

— Elon Musk (@elonmusk) August 5, 2024

Last month, Musk told his X followers that he planned to move some X and SpaceX retired of California to Texas, owed to what he called unit successful nan area and a California rule Assembly 1955 affecting LGBTQ+ younker successful schools.

Related: Elon Musk Is Moving SpaceX's Incorporation to Texas — Here's Why

"This is nan last straw," Musk said astatine nan time, noting that he planned to move X HQ to Austin. "Have had capable of dodging gangs of convulsive supplier addicts conscionable to get successful and retired of nan building."

It's noted that Musk's Tesla has been headquartered successful Texas since 2021.

More