Billionaire Elon Musk says he’s moving the headquarters of SpaceX and social media company X to Texas from California.
Musk posted on X Tuesday that he plans on moving SpaceX from Hawthorne, California to the company’s rocket launch site dubbed Starbase in Texas. X will move to Austin from San Francisco.
He called a new law signed Monday by California Gov. Gavin Newsom that bars school districts from requiring staff to notify parents of their child’s gender identification change the “final straw.”
“I did make it clear to Governor Newsom about a year ago that laws of this nature would force families and companies to leave California to protect their children,” Musk wrote.
Tesla, where Musk is CEO, moved its corporate headquarters to Austin from Palo Alto, California in 2021.
Musk has also said that he has moved his residence from California to Texas, where there is no state personal income tax.
Kaspersky to shutter US operations
Cybersecurity firm Kaspersky says it’s shutting down all of its operations in the United States, just weeks after the Commerce Department banned the use of the company’s software in the country.
Kaspersky will “gradually wind down” its U.S. operations starting July 20, according to a statement from the Moscow company. Positions based in the U.S. will also be eliminated, the company said, later confirming that fewer than 50 employees would be impacted.
Last month, the Commerce Department announced a ban on sales of Kaspersky software in the U.S. The government argued the company’s Russian connections pose an “undue or unacceptable risk to U.S. national security or the safety and security.”
