Will Elon Musk bring Twitter to Texas? Some hope so

AUSTIN (KXAN) — Shortly after the information that Tesla CEO Elon Musk reached a cope with Twitter to purchase the platform for $44 billion, many had been calling on the billionaire to deliver his new endeavor to Texas.

Musk, who lives in Texas, reached an settlement with Twitter on Monday. He introduced earlier in April that he had acquired greater than 9% in Twitter shares, making him the platform’s greatest shareholder.

Musk has beforehand stated that he views the acquisition of Twitter as a strategy to shield free speech.

Presently, Twitter HQ is in San Francisco, California. Although Musk hasn’t stated what comes subsequent for the social media platform, many are already calling on him to deliver it to Texas.

Following the information of the deal, Governor Greg Abbott tweeted at Musk, telling him to deliver the platform to Texas.

“Deliver Twitter to Texas to hitch Tesla, SpaceX and the Boring Firm,” Abbott tweeted from his marketing campaign account.

Musk introduced in October that Tesla can be transferring its headquarters from California to Austin, Texas. Musk’s The Boring Firm, which can be headquartered in Austin, has been in talks with the cities of Austin and Kyle to presumably construct tunnels.

Some are hoping that Musk is not going to solely deliver Twitter to Texas however extra particularly, to Austin, which has seen important development in new firms transferring to the realm.

“It’s no shock that there’s hypothesis about Elon Musk transferring Twitter’s headquarters to certainly one of if not the fastest-growing metropolitan areas within the nation, particularly after having already introduced relocating Tesla right here,” stated Laura Huffman, president and CEO of the Austin Chamber of Commerce. “It’s no secret we’ve a lot to supply firms trying to broaden or relocate their workplaces. We now have a number of key elements driving our meteoric success. A kind of is our expertise pipeline. We now have a strong training system leading to certified graduates coming into the workforce annually. When coupled with a dynamic stay/work tradition, we’re capable of supply one of the best dwelling for firms and folks looking for new, life-changing alternatives.”

Giant firms transfer to Texas

If Twitter had been to maneuver to Texas, it could be a part of a number of different massive firms that made the transfer to the Lone Star State. Oracle and Samsung had been additionally amongst massive firms that made the transfer to the Austin space up to now few years.

Meta, previously generally known as Fb, is one other social media platform that can be increasing its presence within the space. The corporate plans on making a Hyperscale Information Middle in Temple, about an hour north of Austin. Meta has additionally leased the complete industrial half of Sixth and Guadalupe, a 66-story excessive rise that can be Austin’s tallest constructing when completed.