[LAUREN TAYLOR]
FINALLY THIS MORNING … ELON MUSK’S SOCIAL MEDIA PLATFORM X WILL OFFICIALLY CLOSE ITS LONGTIME SAN FRANCISCO HEADQUARTERS IN SEPTEMBER.
EMPLOYEES WERE INFORMED OF THE CLOSURE DATE IN A MEMO SENT OUT ON THURSDAY.
THIS MARKS THE END OF AN ERA FOR THE COMPANY, WHICH HAS BEEN BASED IN SAN FRANCISCO SINCE 2006.
ELON MUSK’S DECISION TO CLOSE X’S SAN FRANCISCO HEADQUARTERS — FOLLOWS HIS EARLIER ANNOUNCEMENT —
TO MOVE OPERATIONS DUE TO A CALIFORNIA LAW HE OPPOSES.
TWITTER, WHICH MOVED INTO THE 1-MILLION SQUARE FOOT ART DECO BUILDING IN 2012 — TO HELP REVITALIZE THE MID-MARKET AREA.
THE COMPANY SAW SIGNIFICANT CHANGES AFTER MUSK’S ACQUISITION, INCLUDING MASS LAYOFFS,
THE AUCTIONING OF FURNITURE, AND THE REMOVAL OF THE TWITTER SIGN.
WITH THE OFFICE CLOSING, X EMPLOYEES WILL RELOCATE TO SAN JOSE OR PALO ALTO — AND THE GLOBAL HEADQUARTERS WILL MOVE TO TEXAS —
WHERE MUSK’S OTHER COMPANIES LIKE TESLA AND SPACEX ARE BASED.
MUSK CITED RECENT CALIFORNIA LAWS, PARTICULARLY THOSE RELATED TO GENDER IDENTITY IN SCHOOLS, AS KEY REASONS FOR RELOCATING.