--- title: "Elon Musk Says He Has Moved to Texas" description: "SpaceX CEO Elon Musk says he has relocated from Silicon Valley to Texas during an interview with The Wall Street Journal." date: "2020-12-08" modified: "2020-12-08" authors: - name: "Victor Tangermann" job_title: "Senior Editor" link: "https://futurism.com/authors/victor" url: "https://futurism.com/the-byte/elon-musk-moved-to-texas" categories: - "Elon Musk" - "Future Society" - "The Industrialists" tags: - "california" - "elon musk" - "SpaceX" - "texas" - "the digest" --- # Elon Musk Says He Has Moved to Texas ![]() *\Image: Victor Tangermann\* ## Howdy, Elon SpaceX CEO Elon Musk said he's [relocated from Silicon Valley to Texas]() during an interview at *The Wall Street Journal*'s annual CEO Council summit. Musk previously told friends and associated of his plans, as [*CNBC* reported last week](). The CEO had already spent considerable time in the state overseeing production at SpaceX's testing facilities in Boca Chica, Texas as well as his tunnel startup Boring Company operations in Austin, Texas. ## So Long Silicon Valley For Musk, California was no longer a winning economic environment. "If a team is winning for too long, they tend to get complacent," he said, referring to his previous home state, as [quoted by *The Verge*](). "California has been winning for a long time, and I think they’re taking it for granted." "Silicon Valley has too much influence in the world," the billionaire added. The news comes after Musk's electric car company Tesla defied lockdowns back in June in defiance of the local California county's health department. Musk has been an outspoken opponent of such public health measures, [tweeting]() "FREE AMERICA NOW" earlier this year, and calling quarantine measures ["fascist"]() — moves he [may have come to regret](), at least to a degree. ## Cashing In Texas also has no personal income tax, which could maximize Musk's possible future stock options payout of [north of $50 billion](). The news also comes after Musk overtook Bill Gates to [become the second richest man in the world](), according to *Bloomberg*'s Billionaire Index. **READ MORE:** [Elon Musk says he has moved to Texas, calls California overly ‘complacent’]() \[*The Verge*\] **More on Elon Musk:** *[Here’s How to Watch SpaceX’s Epic Starship Launch Today]()* ## Author I've been at Futurism since 2017, where my role has evolved to encompass design, writing, and increasingly editing. I've always been fascinated by space exploration and advanced transportation, which I've leaned into by interviewing luminaries in those fields while closely following the dimensions of policy and regulation that allow next-generation projects to succeed -- or, sometimes, to fail. I'm also keenly interested in the effects of generative AI on society, policies, and democratic institutions, as well as clean energy, physics and biology, and the vagaries of tech leadership. My work for Futurism has been cited by publications including Ars Technica, Gizmodo, PC Magazine, Jalopnik, Fox News, and the New York Post. I spent my childhood living in locations including Manila, the Philippines, and Geneva, Switzerland, attended McGill University, and now live in Toronto, Canada. Before Futurism I worked at AskMen and a small photography studio. In my free time, I'm an avid gardener, foodie, and craft beer lover, as well as a maker of artisanal hot pepper sauces. I have a magnificent dog named Freida. ### Author social links [Bluesky]()