Elon Musk is closing down the main San Francisco office that Twitter, the social network he has renamed X, has occupied since 2011, and relocating its headquarters to Austin, Texas.
The billionaire confirmed the news in a post on the site, claiming he had “no choice” but to move. “It is impossible to operate in San Francisco if you’re processing payments,” he tweeted in reply to a New York Times story that broke the news. “That’s why Stripe, Block (CashApp) & others had to move.”
