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Elon Musk moves X, SpaceX out of California for banning schools from requiring parental notification

Michie

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Billionaire Elon Musk will shift business operations for his companies X and SpaceX out of California, calling a new state law prohibiting school districts from requiring teachers to tell parents their children identify as members of the opposite sex "the final straw."

In a Tuesday post on X, his social media platform, Musk said that "because of this law and the many others that preceded it, attacking both families and companies, SpaceX will now move its HQ from Hawthorne, California, to Starbase, Texas."

Musk reposted another post expressing concern about California's Democratic Gov. Gavin Newsom's approval of Assembly Bill 1955 Tuesday. The post shared by Musk asked the rhetorical question, "So the state is the parent now?"

Continued below.
 

AlexB23

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Billionaire Elon Musk will shift business operations for his companies X and SpaceX out of California, calling a new state law prohibiting school districts from requiring teachers to tell parents their children identify as members of the opposite sex "the final straw."

In a Tuesday post on X, his social media platform, Musk said that "because of this law and the many others that preceded it, attacking both families and companies, SpaceX will now move its HQ from Hawthorne, California, to Starbase, Texas."

Musk reposted another post expressing concern about California's Democratic Gov. Gavin Newsom's approval of Assembly Bill 1955 Tuesday. The post shared by Musk asked the rhetorical question, "So the state is the parent now?"

Continued below.
Good. While I do not like Musk that much, this is a good move by Musk.
 
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AlexB23

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I agree. Who says an evil man like Musk can't make a good move.
Yeah, even evil people have a sliver of goodness in them. In other words, we should not judge people as harshly as a society.
 
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Handmaid for Jesus

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Yeah, even evil people have a sliver of goodness in them. In other words, we should not judge people as harshly as a society.
Society probably does not judge Musk harshly
 
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JustaPewFiller

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Well - Elon did not make his billions by not being savvy.



Texas has a number of economic advantages over California when it comes to being HQ for a business.
  • California has a corporate income tax of 8.84%. Texas doesn’t have a business tax, but does have a tax on gross receipts. That can be a bear to calculate but it comes out to much less than CA's tax.
  • Texas also does not have a personal income tax.
  • Texas' regulations are less burdensome and tend to favor employer over employee.

Call me a cynical, but I'm thinking economics probably played a part in his decision as well.
 
  • Agree
Reactions: Vambram
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FireDragon76

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Well - Elon did not make his billions by not being savvy.



Texas has a number of economic advantages over California when it comes to being HQ for a business.
  • California has a corporate income tax of 8.84%. Texas doesn’t have a business tax, but does have a tax on gross receipts. That can be a bear to calculate but it comes out to much less than CA's tax.
  • Texas also does not have a personal income tax.
  • Texas' regulations are less burdensome and tend to favor employer over employee.

Call me a cynical, but I'm thinking economics probably played a part in his decision as well.


I've known that Musk was just another billionaire for years, but it's taken the rest of the American Left alot longer to figure that out. It wasn't until he put his hands into the culture war that they took notice that he's not the tech messiah that he seems to be. Maybe they will eventually realise he's not only not a tech messiah, he's more like a confidence man.
 
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JustaPewFiller

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I've known that Musk was just another billionaire for years, but it's taken the rest of the American Left alot longer to figure that out. It wasn't until he put his hands into the culture war that they took notice that he's not the tech messiah that he seems to be. Maybe they will eventually realise he's not only not a tech messiah, he's more like a confidence man.

Well.. he's known to do illicit drugs, visit sex clubs, throw temper tantrums at his employees and others, etc. and no indication he has stopped doing these things.
But he has also espoused some views that some conservatives and Christians agree with despite his behavior in other areas.

A man of contradictions to be sure.
 
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FireDragon76

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Well.. he's known to do illicit drugs, visit sex clubs, throw temper tantrums at his employees and others, etc. and no indication he has stopped doing these things.
But he has also espoused some views that some conservatives and Christians agree with despite his behavior in other areas.

A man of contradictions to be sure.

Not contradictions. Incredibly immature in all sorts of ways, including his reactionary politics.
 
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JustaPewFiller

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Not contradictions. Incredibly immature in all sorts of ways, including his reactionary politics.

You are not wrong about his immaturity. I was just trying to somewhat kind.

You mentioned the left turning away from him in an earlier post. Now some on the right are embracing him because of statements like the one this thread is about.

Due to his behavior, I admit I think some of his statements may be just smoke and mirrors telling a segment of the population what they want hear.
 
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