Company X is leaving San Francisco on Friday, September 13, moving to Texas due to owner Elon Musk’s disagreement with local government policies.
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At the end of August, it became known that company employees were warned that the office would close in two weeks, on September 13. It was reported that employees would be transferred to company offices in other cities in the state. Fortune reported earlier this week that some employees were warned that they might be told to move to Texas and would be told to resign if they weren’t ready.
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Musk announced his intention to close the San Francisco headquarters and move the headquarters to Austin, Texas, in July. He cited the state governor’s adoption of a law regarding the authority of educational institutions in matters of children’s gender self-determination as the reason for the decision, and said that such a policy would prompt many families to leave the state.
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The social network Twitter, renamed X by Musk after its acquisition in 2022, was founded in San Francisco in 2006. In 2012, the company moved to a massive art deco building in the central part of the city, where at various times it rented an area of 43 to 65 thousand square meters. In July, local media reported that the company was looking for a subtenant for part of its premises. On the websites of real estate companies you can now find advertisements for the sublease of office space in building X.
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Details about the time or location of the opening of the new X office have not yet been announced.
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Simultaneously with X, Musk announced the withdrawal of his space company SpaceX from California. The company’s headquarters are also expected to be moved to Texas, where SpaceX already has production and research facilities and a Starbase launch pad. It is in Texas – on the Gulf Coast – that the Starship spacecraft is being tested. The state governor, Republican Greg Abbott, previously announced support for business and aspirations for its complete relocation to Texas.
