Elon Musk says SpaceX and X headquarters
moving to Texas, blames new CA trans student
privacy law
CNBC,
by
Lora Kolodny
Original Article
Posted By: Dreadnought,
7/16/2024 3:57:39 PM
SpaceX CEO and X owner Elon Musk said Tuesday he will move the headquarters of both companies from California to Texas.
Musk vowed the moves in response to Governor Gavin Newsom (D-Calif.) signing a new law on Tuesday that bars school districts in California from requiring parents to be notified of a child’s gender identification change. “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 posted on X. He later added that X HQ will also move from San Francisco to Austin.
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Reply 1 - Posted by:
Dreadnought 7/16/2024 3:58:07 PM (No. 1758513)
The daughter is said to be an avowed Marxist.
8 people like this.
Reply 2 - Posted by:
DVC 7/16/2024 4:03:14 PM (No. 1758522)
Good news. Get away from giving money to the crazies who run Cali.
24 people like this.
Reply 3 - Posted by:
Ida Lou Pino 7/16/2024 4:03:50 PM (No. 1758523)
Very strange. I would think that most businesses would be eager to move to a state where their employees' children can have their penises cut off without parental notice.
If I owned a big company - - I'd certainly consider moving there.
17 people like this.
Reply 4 - Posted by:
Starboard_side 7/16/2024 4:14:28 PM (No. 1758539)
There will be a big financial impact on the finances for the State of California just from the company filings, then add all of the employees who will move to be at the new HQ for both companies and it will really start adding up on the negative side.
That's all those stock options that won't be part of the state finances in the coming years too.
Then, consider the declining population, particularly children, where the state is projecting a 16% decline in school enrollment in 2032 from today's already low number.
This will impact how many teachers will be needed in the near future.
State pension obligations are the FIRST obligation and any shortfall in the pension funds MUST be made-up by the general funds, then they can allocate to other needs/programs. That's how it works in CA, folks.
19 people like this.
Reply 5 - Posted by:
voxpopuli 7/16/2024 4:40:17 PM (No. 1758567)
huzzah! almost wanna buy a tesla!
8 people like this.
Reply 6 - Posted by:
stablemoney 7/16/2024 4:48:31 PM (No. 1758573)
A big win for Texas. I hope Texas gets its electric grid fixed soon.
17 people like this.
Reply 7 - Posted by:
Dodge Boy 7/16/2024 5:04:22 PM (No. 1758590)
Smart move, Elon.
13 people like this.
Reply 8 - Posted by:
Noj15 7/16/2024 5:12:19 PM (No. 1758599)
* snicker *
But Slick wants your vote. Slick wants to turn the US into the Tenderloin. Slick (see Getty family tree) makes the rules and you'd better follow. Slick. He smells bad.
9 people like this.
Reply 9 - Posted by:
ann_n_GA 7/16/2024 5:15:38 PM (No. 1758602)
Elon already has a huge plant in Austin. My son drove me past it. It’s huge! So more jobs for TX!
11 people like this.
Reply 10 - Posted by:
DVC 7/16/2024 5:16:16 PM (No. 1758603)
Re #6, unless they get rid of those wind turbines, the Texas grid will continue to be unstable. It's a complex technical issue....but basically, the way wind turbines work requires the electricity to be highly processed from the turbine before it can be put into the grid.
Normal steam turbine driven generators have a lot of "inertia", tendency to rotate at a constant speed, huge mass. So, comparatively small increases in electrical power, which DO HAPPEN, like when a bunch of folks turn on electric heating appliances at the same time...like when they get home and start to cook dinner, that pulse will slow the turbine a tiny fraction of speed, and the system can use that inertia effect to ramp up the steam and in a few seconds have more power coming in to the turbine, so speed stays in a narrow range. Exact frequency of the alternating current is critical for grid stability.
When turbine power goes through the requires purely electronic converters, a power pulse instantly lowers the frequency.....no inertia in a purely electronic system, and the windmills can't increase output in time to keep the frequency stable. This destabilizes the grid if too much 'rotating generation' meaning steam plants,nuke or conventional, are on the grid. So more and more wind turbines is very destabilizing and can cause grid crashes.
The smaller the grid, the more unstable it can be.....and Texas is an isolated grid, not connected to the rest of the country.
Wind turbines are a serious problem, can never replace real power plants unless there are huge changes. One country, England or Scotland, I forget, actually has a HUGE flywheel run by a motor/generator unit, spinning in a vacuum. The ONLY purpose is to provide inertia for the grid since wind turbines have none. It takes grid power to spin it and can give it back if the frequency starts to drop.
Solar has the exact same "no inertia" destabilizing effect on the power grid.
11 people like this.
Reply 11 - Posted by:
DVC 7/16/2024 5:19:10 PM (No. 1758607)
correction to #10. IF NOT ENOUGH rotary inertia is on the grid, too FEW steam turbine generators, the grid cannot handle sudden power requirement increases, even comparatively small ones, and goes unstable.
9 people like this.
Reply 12 - Posted by:
crashnburn 7/16/2024 6:27:45 PM (No. 1758647)
More like genital mutilation and sterilization.
1 person likes this.
Reply 13 - Posted by:
Aubreyesque 7/16/2024 6:33:46 PM (No. 1758649)
I just wish it wasnt Austin. Although if Elon were to run for Mayor of Austin, he could clean it up pretty good!
8 people like this.
Reply 14 - Posted by:
caljeepgirl 7/16/2024 6:46:13 PM (No. 1758653)
I could not believe disgusting Newsom would actually sign that legislation!! But, he went there......the man has seriously lost whatever marbles he ever had....
5 people like this.
Reply 15 - Posted by:
scottj 7/16/2024 7:45:57 PM (No. 1758685)
Those liberals are absolutely disgusting. How in the hell can anyone ever send their kids to a California school?
2 people like this.
Reply 16 - Posted by:
hershey 7/16/2024 9:44:20 PM (No. 1758774)
Newsom will never learn...when in a hole, stop digging....it truly deserves it's name as Kalifornication on the left coast...and he thinks he's got what it takes to be president....
2 people like this.
Reply 17 - Posted by:
mifla 7/17/2024 5:26:43 AM (No. 1758916)
Excellent timing on Elon's part.
Underscore CA's insane policies and deprive the state of millions of tax revenue, all right before an election.
Musk is a strong ally for Trump.
0 people like this.
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