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RE: LeoThread 2024-12-27 09:16

in LeoFinance6 days ago

Part 7/10:

Declaring Independence from California

SpaceX's transition to Texas signals a broader movement away from its original California base, which Musk has long criticized for its overregulation and high costs. Historically, SpaceX grew up amidst California's aerospace legacy; however, the challenges of doing business there, particularly due to stringent regulations and escalating costs, have prompted Musk to seek a more favorable environment. The relocation signifies not just a change of address but also a shift towards a business model allowing for greater growth potential.