Elon Musk moves SpaceX and X headquarters to Texas: A new era starts.
Reading
Elon Musk, who is very rich, says he will move his companies SpaceX and X to Texas. SpaceX makes rockets and X is a social media company like Twitter.
SpaceX will move to its rocket launch site in Texas called Starbase. X will move to Austin, Texas from San Francisco, California.
Musk said a new law in California was the last reason he decided to move. The law says schools cannot tell parents if their child changes their gender identity.
Musk said he told the leader of California, Gavin Newsom, that this law would make people leave. He said families and companies would leave to protect their children.
This is not the first time Musk moved a company from California to Texas. In 2021, he moved his company Tesla to Texas because Texas does not have a tax on people's income.
Questions
What companies will Elon Musk move to Texas?
Elon Musk will move SpaceX and X to Texas.
Why did Musk decide to move his companies?
Musk decided to move because of a new law in California about gender identity.
Where will X move to?
X will move to Austin, Texas from San Francisco, California.
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