Will Elon Musk Move Twitter’s Headquarters From California To Texas?
By now you’ve probably heard that Twitter has accepted Elon Musk’s offer to purchase the social media platform for $44 million dollars. Not only are people wondering how Musk plans to run the platform, but many are speculating that he might move Twitter’s headquarters from California to Texas.
Elon Musk currently owns a variety of different companies including Tesla, Space-X, and The Boring Company, which are all currently headquartered in the Lone Star State. It is possible that Musk could move the social media outlet’s operations to Texas, to join his other three companies that have operations here.
Earlier this month, Musk held his grand opening for his Tesla giga-factory, which is located about five miles east of downtown Austin. Central Texas has also become a tech hub in recent years, earning the nickname “silicon hills.” In fact, major technology companies such as Amazon, Apple, Dell, Facebook, and Google have operations in the Austin metro area.
Even Texas Governor Greg Abbott congratulated Elon Musk on his purchase of the social media giant, and in a tweet invited him to move Twitter’s operations to Texas.
Lower taxes, and operating costs, may be another reason why Musk would consider moving Twitter’s operations to Texas. In another tweet that was posted on the same day, Governor Abbott stated that Texas had the lowest operating costs for businesses in America.
Twitter’s move from San Francisco to Texas has not been confirmed, and is all speculation at this point. With Elon Musk’s other companies already operating in Texas, and the Austin area already being a major hub for tech workers, it’s entirely possible that Musk might either move Twitter’s headquarters to Texas, or at least open up an office for Twitter in the Lone Star State.