Business Savings and Advantages to Musk’s Move to Texas: Expert

Don Ma
By Don Ma
July 17, 2024Business Matters
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Elon Musk has announced that he is moving the headquarters for two of his businesses from California. Aerospace company SpaceX and social media company X will be relocating to Texas. The founder said a new law in California spurred the decision. NTD spoke with site selection expert John Boyd about the move. He takes a look at what Mr. Musk will need in his new locations and the expenses of relocating. Mr. Boyd explains that business cost savings and advantages in business climate and human resources outweigh the costs.