Texas Governor Wants Elon Musk to Bring Twitter Near Tesla, SpaceX in His State

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Texas Gov. Greg Abbott on Monday threw at Tesla Inc. CEO Elon Musk an idea to shift Twitter Inc. headquarters to the second-largest U.S. state, where the billionaire entrepreneur’s other companies are already based.

What Happened

The 64-year-old Texas governor sent out a request on the microblogging site and tagged Musk in the post.

Abbott has over 744,300 followers on the microblogging site. His post was liked over 125,000 times at press time.

Twitter headquarters are in San Francisco, California.

Why It Matters

Tesla, SpaceX, and The Boring Company are all headquartered in Texas. Musk last year moved Tesla to Austin from Fremont, bringing the electric vehicle company closer to its sister company, SpaceX.

The move helped the billionaire entrepreneur save an estimated $2.5 billion in capital gains taxes by moving his residence and business from California to Texas.

By Rachit Vats

© 2022 The Epoch Times. The Epoch Times does not provide investment advice. All rights reserved.

Benzinga

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