Enlarge / A pedestrian walks past a flown Falcon 9 booster at SpaceX headquarters in Hawthorne, California, on Tuesday, the same day Elon Musk said he will relocate the headquarters to Texas. (credit: Frederic J. Brown / AFP via Getty Images)

Elon Musk said Tuesday that he will move the headquarters of SpaceX and his social media company X from California to Texas in response to a new gender identity law signed by California Governor Gavin Newsom.

Musk's announcement, made via a post on X, follows his decision in 2021 to move the headquarters of the electric car company Tesla from Palo Alto, California, to Austin, Texas, in the wake of coronavirus lockdowns in the Bay Area the year before. Now, two of Musk's other major holdings are making symbolic moves out of California: SpaceX to the company's Starbase launch facility near Brownsville, Texas, and X to Austin.

The new gender identity law, signed by Governor Newsom, a Democrat, on Monday, bars school districts in California from requiring teachers to disclose a change in a student's gender identification or sexual orientation to their parents. Musk wrote on X that the law was the "final straw" prompting the relocation to Texas, where the billionaire executive and his companies could take advantage of lower taxes and light-touch regulations.