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(Reuters) -Social media platform X Corp and rocket firm SpaceX will transfer their headquarters to Texas from California, billionaire Elon Musk, who controls each corporations, mentioned on Tuesday.
A brand new California legislation that forbids college districts from requiring academics to inform mother and father when a baby modifications gender id or sexual orientation was one purpose for the transfer, Musk mentioned, calling it the “final straw.”
“Due to this legislation and the various others that preceded it, attacking each households and corporations” Musk mentioned posts on X in explaining the choice.
Musk in February moved SpaceX’s incorporation from Delaware to Texas, after a Delaware choose invalidated his $56-billion compensation plan at his electrical car firm Tesla (NASDAQ:).
SpaceX has a sprawling headquarters simply outdoors Los Angeles the place staff construct and take a look at rocket engine elements, spacecraft and satellites.
Musk in 2021 moved Tesla’s headquarters to Texas, although California stays its engineering hub.
The transfer out of California comes days after the CEO of Tesla publicly endorsed Donald Trump within the U.S. presidential race.
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