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Musk Says He Will Move X and SpaceX Headquarters Out of California

33 points| ctc24 | 1 year ago |wsj.com

78 comments

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guywithahat|1 year ago

It does seem a bit weird to me that SpaceX was never based out of Houston and has such a small presence. They have the NASA base there and scores of private space companies, and the lack of zoning means the housing problem is permanently fixed (at least until someone zones the city). Moving Starlink production to Austin just feels like moving to a worse but slightly cheaper San Francisco.

s1artibartfast|1 year ago

Makes sense that SpaceX was in LA because it is one of the historic rocket design hubs, if not the rocket design capital of the world.

vel0city|1 year ago

Houston has mission control, lots of astronaut training, and a lot of administration in Houston. But Pasadena CA has the Jet Propulsion Lab, which is a big part of the design of the rockets and robots and what not.

claudiulodro|1 year ago

Doesn't X have a pretty strict RTO policy? Are they making all of the employees move?

guywithahat|1 year ago

That's an odd way of saying they work in an office. Most jobs have been back in the office for ~3 years now, it's really just remote or office work now.

falleng0d|1 year ago

I wonder if there is a chance employees would actually be in favor of that.

Considering that the high taxes also affects them and there is also the increasing criminality problem

Bostonian|1 year ago

I agree with Musk about the California law, but a CEO is supposed to make decisions for a company to increase shareholder value (and arguably benefit other stakeholders), not to make political points.

'His disclosures followed the move by California Gov. Gavin Newsom, a Democrat, to sign a new law Monday that aims to prevent schools from informing families if their children identify as gay or transgender.

“This is the final straw,” Musk wrote on X, the social-media platform he owns. He cited the law as well as “many others that preceded it, attacking both families and companies.”'

rjbwork|1 year ago

>“This is the final straw,” Musk wrote on X, the social-media platform he owns. He cited the law as well as “many others that preceded it, attacking both families and companies.”'

Man who hates that his trans child hates him angry that the government isn't forcing trans children to tell their hateful parents they're trans.

If your children aren't comfortable telling you things like this, that's a failure of you as a parent. I'm not going to pretend there isn't social contagion or a bunch of teenagers questioning things out of peer pressure or that actual rates of transness are much lower than their visibility or a million other things. What I am saying is that if your kids are not comfortable talking to you about serious topics like this, you've failed as a parent. Your kids should know you'll love them no matter what and will support them in trying to build a happy life for themselves.

My friend's child believes they are trans, and while the parents are skeptical, there was never any doubt in that kids mind that their parents should know what they are going through and feeling or that they would love them no matter what.

strangattractor|1 year ago

Elon doesn't live with most of his kids - why would he even care? His reason for moving is the taxes are less in Texas for now and the laws will turn a blind eye to environmental damage his companies do. As the population continues to grow in Tx that will change. Elon should be required to get a trolling license.

Yes - I agree (I am a parent) that the law is stupid. If a kid doesn't want their parents to know something they should do it the old fashion way and lie as I did and my parents did before me etc:)

My favorite thing lately is that NYT dedicated and entire article [1] to Elon goal 1 million people on Mars in the next twenty years. Tesla has been working almost that long not getting self driving cars to work. Why on Earth would anyone bother to take seriously putting 1 million people on Mars in 20 years - something several orders of magnitude more difficult.

[1] https://www.nytimes.com/2024/07/11/technology/elon-musk-spac....

brodouevencode|1 year ago

> increase shareholder value

Given the current CA tax situation and the fact that other companies have already led the way he's probably doing just that. Besides my understanding was that the bill was "the last straw" according to Musk.

sunshowers|1 year ago

To be clear, the main animating force in Elon's life over the last few years is his oldest coming out as trans. That's why he bought Twitter and turned it into a nonstop Klan rally, that's why he supports Trump, that's why he opposes this law. His first-born is trans.

greentxt|1 year ago

Isn't the legislative climate and the perceived wisdom of a state's political leadership something that might reasonably impact shareholder value? Can making political points ever increase shareholder value in and of itself? Isn't that sort of the premise of ESG?

NotGMan|1 year ago

>> but a CEO is supposed to make decisions for a company to increase shareholder value

If many tech workers will move out of crazy California then Musk will get them, increasing shareholder value.

snakeyjake|1 year ago

Musk pretending to care about children is like an animal hoarder claiming to care about the welfare of the 20 dogs they have crammed into a small house.