'No Choice': Musk Set to Close X HQ

06.08.2024 18:44

American billionaire and entrepreneur, owner of the social network X, Elon Musk, announced that he is going to close X's headquarters in San Francisco.

According to the businessman, today his work in this sector is significantly complicated.

Musk wrote on social media X: "It's impossible to operate if you don't process payments and monitor them. I have no choice."

With this statement, the businessman commented on the relevant information circulating in the American press.

Critical situation

As US media have indicated, Musk may close X's San Francisco headquarters in the near future.

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Photo: © TUT NEWS

There is a possibility that employees working in San Francisco will be transferred to the San Jose branches.

Additionally, construction is underway on a headquarters in Palo Alto, California.

Musk himself has said that he believes it makes sense to move his company from California to Austin because of a new law passed by the state.

Author: Margarita Sadkovskaya Editor of Internet resources