Elon Musk announced that he is moving the headquarters of SpaceX and the social media platform X (formerly Twitter) from California to Texas, citing dissatisfaction with California's new state law on student gender identity and other business challenges. This move follows Musk's earlier relocation of Tesla's headquarters to Texas and marks a significant shift for SpaceX, which has deep roots in Southern California.
General Motors is expected to relocate its global headquarters from the Renaissance Center to the new Hudson's Detroit building in downtown Detroit. The move comes as the Hudson's site, developed by Bedrock, nears completion, with a skyscraper that has become the city's second-tallest building. The relocation is expected to be announced by GM CEO Mary Barra and real estate firm chairman Dan Gilbert. The shift reflects changes in work patterns due to the pandemic, with GM's RenCen workforce dwindling as employees work remotely. The move will leave significant office space to lease downtown, raising questions about filling the vacancy and the overall real estate market in Detroit.
