Successfully spite own faces.
San Francisco officials weigh in on departure of Elon Musk’s X headquarters: ‘Good riddance’
X owner Elon Musk’s plan to move the social media platform’s headquarters out of San Francisco has some city officials eager to bid farewell to the billionaire’s business.“I share the perspective that most San Franciscans have, which is good riddance,” city attorney David Chiu told The New York Times.
The outlet noted that San Francisco Mayor London Breed said she had met with Musk “several months ago” but that she didn’t extend offers aimed at keeping X in the city, saying, “I’m not going to beg anybody.”
The report comes after Musk announced last month that he will move the company’s headquarters to Texas in response to a new law enacted by the state of California that prohibits schools from notifying parents if their children want to change their gender identity.
Musk said at the time that X’s headquarters would move to Austin, Texas, while he also announced that SpaceX would relocate its headquarters from Hawthorne, California, to Starbase, Texas.
He cited the gender identity law as being “the final straw” and attributed the move to “this law and the many others that preceded it, attacking both families and companies.”
Shortly after Musk announced in July that X would move out of San Francisco, he mentioned issues with the “crazy gross receipts city tax” making it “impossible for financial companies to operate in San Francisco.”
“That’s why Stripe, Block (CashApp), VISA and many others were forced out of San Francisco, as ‘gross receipts’ came to be defined as all transactions processed by a company, even if NOT revenue. That meant companies processing payments either had to leave SF or die,” Musk said last month. “Even if the severe crime problem in SF were to be solved tomorrow, X could not remain in SF and launch payments, as it would immediately fail.”
Will the last sane person to flee what was once one of the most lovely, eminently livable cities in all the world please turn off the lights? Thank you.
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Very soon, Mogadishu will be a better living place.
my ol’ dad’s favorite song was Tony Bennett’s “I left my heart…” grandparents lived in Santa Barbara, we lived n. of Detroit. Dad always said he’d show S.F. to the fam. In ’63, he took us to California on “the California Zephyr” and I saw S.F. for the first time. Nowadays its more like “It broke my heart, about San Francisco”.
We have so much housecleaning to do. Maybe its just me, but I think we should get to it.
Frisco used to be beautiful, but it has always been shit, going back to Mexican rule.
It’s now simply reverting to the mean.