Musk Refuses Incentives to Move X Headquarters from San Francisco

SAN FRANCISCO: X CEO Elon Musk refused the incentives offered by the San Francisco authorities to move its headquarters saying one comes to know about their real friends when "chips are down."

Taking to his official handle on X, formerly known as Twitter, Musk said he was being offered some rich incentives to move its headquarters out of San Francisco. "Many have offered rich incentives for X (aka Twitter) to move its HQ out of San Francisco. Moreover, the city is in a doom spiral with one company after another left or leaving. Therefore, they expect X will move too. We will not. You only know who your real friends are when the chips are down. San Francisco, beautiful San Francisco, though others forsake you, we will always be your friend," Musk wrote on the micro-blogging site.

This tweet came a few hours after Musk shared a video of his company's San Francisco headquarters adorned with the new logo — 'X'. In the clip, the giant sign is seen on top of the downtown building formerly known as Twitter headquarters.

"Our HQ in San Francisco tonight," Musk wrote on the microblogging site while sharing the clip which shows the new logo adding to the beauty of the building. Musk tweeted, "I knew birds weren’t real" adding, "We just proved it."

Notably, on July 24, Twitter replaced its recognizable bird logo with the letter "X" as its new official mark. (ANI)

Also Read: Tesla Cybertruck spotted with Ford F-150 wrap: Report

Also Watch: