Elon Musk said on social media platform X on Thursday that the SpaceX headquarters will now officially be in the city of Starbase, Texas.
In July, Musk said he was moving the headquarters of two of his companies - social media platform X and rocket company SpaceX - to Texas from California, citing a new gender identity law there as the "last straw."
The billionaire previously said SpaceX's main office would move to an existing facility in Boca Chica, Texas, while X would move to Austin. However, the extent to which jobs or facilities in California will transfer to Texas was unclear.
He also transferred SpaceX’s incorporation from Delaware to Texas earlier this year. This followed the shareholder vote held by Musk to move Tesla's state of incorporation to Texas, where it has its headquarters, after a Delaware judge invalidated his $56-billion pay package.
In 2021, Musk moved Tesla's headquarters from California to Texas as well but said that California would remain its engineering hub.
Musk changed his own residence in 2021 from California to Texas, where there is no state income tax on individuals.
TikTok began restoring its services on Sunday after President-elect Donald Trump said he would revive the app's access in the US when he returns to power on Monday.
Ajman has recorded a significant boost in business activity during 2024, highlighted by strong growth in the number of economic licences issued and a substantial rise in the Business Confidence Index (BCI), statistics from the Department of Economic Development in Ajman (Ajman DED) revealed on Monday.
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, has reviewed the Dubai Economic Security Centre's Strategy 2025-2030.
Dubai Land Department (DLD) announced on Sunday that private property owners of all nationalities in the Sheikh Zayed Road area (from the Trade Centre Roundabout to the Water Canal) and Al Jaddaf area can now convert their ownership status to freehold.
As part of Sharjah Electricity, Water and Gas Authority's (SEWA) efforts to improve and develop water transmission and distribution networks in all regions of the Emirate of Sharjah, the Authority announced on Sunday it is implementing a number of projects in Kalba city at a cost of up to AED107.4 million.