Elon Musk said he will not move the headquarters of his social media company X, formerly known as Twitter, out of San Francisco. He claimed that "many have offered rich incentives" for X to move elsewhere.
Musk said San Francisco, known for being the home to tech firms, is in a "doom spiral with one company after another left or leaving." However, he ended his X post saying, "San Francisco, beautiful San Francisco, though others forsake you, we will always be your friend."