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    Elon Musk may be souring on San Francisco with a move to sublease X's headquarters

    By Jyoti Mann,

    2024-07-12

    https://img.particlenews.com/image.php?url=1fYLqH_0uOceqxF00

    https://img.particlenews.com/image.php?url=3Yk6EV_0uOceqxF00
    Elon Musk previously said that he tried to turn one of the company's offices in San Francisco into a homeless shelter.
    • Elon Musk's X plans to sublease its headquarters, the San Francisco Chronicle reported.
    • Its entire office, nearly 460,000 square feet of space, will reportedly be sublet.
    • Musk has openly criticized San Francisco in the past and slammed it as a "disaster."

    Elon Musk's X could have plans to relocate its headquarters on its cards for this year.

    The company is set to sublease its San Francisco headquarters, the San Francisco Chronicle reported .

    JLL, the real estate firm tasked with marketing X's office, told the Chronicle it aims to sublease nearly 460,000 square feet of office space as a "large headquarters opportunity" but suggested X might decide to occupy some of it.

    Musk has been vocal in the past about his thoughts on San Francisco and slammed it as a "disaster."

    Last year, the X owner described it as a "once beautiful and thriving" city , but likened the downtown area to becoming like a "derelict zombie apocalypse" as a result of the drugs and homelessness crisis.

    The billionaire told the BBC last year that he tried to turn one of the company's offices in San Francisco into a homeless shelter , but the building's owners would not let him.

    Due to changes made to its headquarters, Musk has had his fair share of issues and run-ins with local officials.

    After he took over Twitter and rebranded it to X in a $44 billion deal, the company erected a giant light-up X sign on the roof of the high-rise building.

    San Francisco's Department of Building Inspection (DBI) got at least 24 complaints about the sign , which said the sign looked "poorly constructed," could distract drivers, and disturb residents. Three days later, it was removed .

    Musk also converted some conference rooms into bedrooms for workers at the headquarters. X was later told to correctly label the bedrooms as sleeping areas, according to a correction notice from San Francisco's DBI previously reviewed by Business Insider.

    X didn't immediately respond to a request for comment from Business Insider, made outside normal working hours.

    Read the original article on Business Insider

    Related Search

    Elon MuskSan FranciscoElon Musk'S relocationCorporate headquartersHomelessness crisisSan Francisco Chronicle

    Comments / 12

    Add a Comment
    Anthony Toomer
    07-15
    This man is a Trojan Horse.
    abone2pik
    07-15
    Break the bank like Yeezy
    View all comments

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