Posts tagged Chino Valley Unified School District
AB 1955 Causes Elon Musk to Pull Out of California
August 6, 2024 // SpaceX and X are undisputed juggernauts in the economy of California. SpaceX is located in Hawthorne, CA, outside of the city of Los Angeles. The company reportedly provides almost 7000 jobs and employs approximately 16% of Hawthorne’s residents. Musk’s social media behemoth X, formerly known as Twitter, has most of its offices in San Francisco, CA. Taking X out of San Francisco will add more strain to an already hurting city—46% of offices and 40% of retail spaces in parts of the city are vacant. With litigation filed against the state, the loss of two huge revenue and job providers, and most likely another mass exodus of families all due to the enactment of AB 1955, California is in for more economic hurt.