“ The company, founded in the city as Twitter, is moving its headquarters to Texas as a shadow of its former self.
The city’s chief economist, Ted Egan, said X had shrunk so much already, its departure would matter little to the city’s coffers.
“In many respects, they were already gone,” he said.”
http://www.nytimes.com/2024/08/24/technology/elon-musk-x-san-francisco.html