(ReclaimingAmerica.net) – In a new blow dealt by Elon Musk to far-left Democrat authorities in California, the billionaire has decided to close its principal office of X, formerly Twitter, in San Francisco in the upcoming weeks.
This decision follows the statement last month by Elon Musk, the company’s owner, indicating plans to relocate the headquarters out of California, The Guardian reports.
An email to staff members that was acquired by the Times reveals that Linda Yaccarino, the Chief Executive Officer, communicated the shift of Bay Area employees to Silicon Valley.
This move will distribute employees between an already operational office in San Jose and a forthcoming facility in Palo Alto.
“This is an important decision that impacts many of you, but it is the right one for our company in the long term,” Yaccarino articulated in the email.
In a significant declaration in July, Musk publicized on X his intention to transfer the headquarters of his ventures, X and SpaceX, from California to Texas.
He criticized a recent California statute that bans the requirement for schools to notify parents about transgender issues, naming this regulation as a decisive factor for his departure.
“This is the final straw. 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 stated.
Musk has often expressed his frustrations with California, a state pivotal to the inception of his enterprises. In 2022, he described California as a realm of “taxes, overregulation, and litigation.”
Previously, in 2020, he shifted the headquarters of Tesla, his electric vehicle company, from California to Texas, reacting to the state’s COVID-19 policies, which he harshly described as “fascist.”
The relocation of X from San Francisco is a considerable symbolic setback for the city, which has witnessed a decline in the presence of technology companies in its downtown district.
Since 2019, the top 20 tech firms have reduced the office space they rent downtown by 50%—this includes major names such as Meta, Salesforce, Snap, Lyft, Block, Airbnb, and Paypal.
As X exits its expansive 800,000 square foot headquarters, vacancy rates in downtown offices and retail spaces have escalated to 46% and 40%, respectively.
In a legal context, the landlords of X’s San Francisco headquarters filed a lawsuit against the company in February, demanding $13.6 million due to unpaid rent for the premises.
A prior lawsuit concerning unpaid rent was dismissed.
Additionally, the city conducted an investigation into allegations that X had unlawfully installed sleeping quarters for employees within the building, which were used during extended working hours.
However, it was ultimately concluded that the company could maintain these quarters, provided they obtained the necessary permits.
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