{"id":27716,"date":"2023-08-02T13:18:13","date_gmt":"2023-08-02T20:18:13","guid":{"rendered":"https:\/\/occupysf.net\/?p=27716"},"modified":"2023-08-02T13:18:14","modified_gmt":"2023-08-02T20:18:14","slug":"twitter-hq-wont-move-out-of-san-francisco-despite-doom-spiral-affecting-the-city-elon-musk-says","status":"publish","type":"post","link":"http:\/\/occupysf.net\/index.php\/2023\/08\/02\/twitter-hq-wont-move-out-of-san-francisco-despite-doom-spiral-affecting-the-city-elon-musk-says\/","title":{"rendered":"Twitter HQ won&#8217;t move out of San Francisco despite &#8216;doom spiral&#8217; affecting the city, Elon Musk says"},"content":{"rendered":"\n<p><a href=\"https:\/\/www.businessinsider.com\/author\/beatrice-nolan\">Beatrice Nolan<\/a>&nbsp;<\/p>\n\n\n\n<p>Jul 31, 2023, 3:53 AM PDT (businessinsider.com)<a href=\"mailto:?subject=Twitter%20HQ%20won%27t%20move%20out%20of%20San%20Francisco%20despite%20%27doom%20spiral%27%20affecting%20the%20city,%20Elon%20Musk%20says&amp;body=Twitter%20HQ%20won%27t%20move%20out%20of%20San%20Francisco%20despite%20%27doom%20spiral%27%20affecting%20the%20city%2C%20Elon%20Musk%20says%0D%0A%0D%0Ahttps%3A%2F%2Fwww.businessinsider.com%2Ftwitter-elon-musk-relocate-san-francisco-doom-spiral-loop-2023-7&amp;\"><\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/i.insider.com\/646610797224930019f35d47?width=700\" alt=\"Elon Musk stares tersely, and people walk past a beige brick office building with a Twitter sign on the side of it.\"\/><figcaption class=\"wp-element-caption\">Elon Musk and Twitter&#8217;s San Francisco headquarters.&nbsp;<\/figcaption><\/figure>\n\n\n\n<ul>\n<li>Elon Musk says he has no plans to move Twitter, now X, out of San Francisco.<\/li>\n\n\n\n<li>He said Twitter&#8217;s headquarters will stay put despite a &#8220;doom spiral&#8221; currently affecting the city.<\/li>\n\n\n\n<li>San Francisco has lost a string of retailers and major companies in the last year.<\/li>\n<\/ul>\n\n\n\n<p>Insider recommends waking up with&nbsp;<img decoding=\"async\" src=\"https:\/\/www.businessinsider.com\/public\/assets\/shared\/morning-brew-logo-2x.png\" alt=\"Morning Brew Logo\">&nbsp;<a href=\"https:\/\/www.morningbrew.com\/daily\/subscribe?utm_medium=insider&amp;utm_source=website_inline\" rel=\"noreferrer noopener\" target=\"_blank\">Morning Brew<\/a>, a daily newsletter.Email address<\/p>\n\n\n\n<p>By clicking \u201cSign Up,\u201d you also agree to marketing emails from both Insider and Morning Brew; and you accept Insider\u2019s&nbsp;<a href=\"https:\/\/www.businessinsider.com\/terms\" target=\"_blank\" rel=\"noreferrer noopener\">Terms<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/www.businessinsider.com\/privacy-policy\" target=\"_blank\" rel=\"noreferrer noopener\">Privacy Policy<\/a>.&nbsp;<a href=\"https:\/\/www.morningbrew.com\/privacy\" target=\"_blank\" rel=\"noreferrer noopener\">Click here<\/a>&nbsp;for Morning Brew\u2019s privacy policy.<\/p>\n\n\n\n<p>Elon Musk says his&nbsp;<a href=\"https:\/\/www.businessinsider.com\/x-could-be-a-positive-move-for-musk-twitter-2023-7\">Twitter rebrand<\/a>&nbsp;won&#8217;t include a change of address.<\/p>\n\n\n\n<p>The billionaire&nbsp;<a href=\"https:\/\/twitter.com\/elonmusk\/status\/1685437228967686144\" target=\"_blank\" rel=\"noreferrer noopener\">took to Twitter<\/a>, now X, this weekend to announce that the company&#8217;s headquarters is staying put in San Francisco despite what he referred to as a &#8220;doom spiral&#8221; currently affecting the&nbsp;<a href=\"https:\/\/www.businessinsider.com\/san-francisco-doom-loop-fix-american-city-housing-transit-2023-7\">California city<\/a>. Musk said he wasn&#8217;t planning to uproot the company&#8217;s headquarters even though he&#8217;s been receiving &#8220;rich incentives&#8221; to relocate.<\/p>\n\n\n\n<p>He said in the post: &#8220;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.&#8221;<\/p>\n\n\n\n<p>San Francisco has lost a string of retailers and major companies in the last year. In April, Whole Foods announced it was closing its locations across the city,&nbsp;<a href=\"https:\/\/www.businessinsider.com\/whole-foods-closes-flagship-san-francisco-store-year-after-opening-2023-4\">citing employee safety<\/a>, while retail companies Anthropologie and H&amp;M have also packed up and abandoned the city.&nbsp;<\/p>\n\n\n\n<p>The California city has also seen tech companies drastically reduce their presence in the once-buzzy location.&nbsp;<a href=\"https:\/\/www.businessinsider.com\/san-francisco-office-vacancy-tech-firms-subleased-space-left-2022-12\">Meta, PayPal<\/a>, and&nbsp;<a href=\"https:\/\/www.businessinsider.com\/snapchat-leaves-san-francisco-office-lease-closed-during-snap-restructuring-2022-10\">Snap<\/a>&nbsp;have all slashed their San Francisco office space in recent years. The city is also facing a&nbsp;<a href=\"https:\/\/www.businessinsider.com\/san-francisco-doom-loop-fix-american-city-housing-transit-2023-7\">commercial real estate crisis<\/a>&nbsp;and a&nbsp;<a href=\"https:\/\/www.ppic.org\/blog\/homeless-populations-are-rising-around-california\/\" target=\"_blank\" rel=\"noreferrer noopener\">devastating<\/a><a href=\"https:\/\/www.ppic.org\/blog\/homeless-populations-are-rising-around-california\/\" target=\"_blank\" rel=\"noreferrer noopener\">&nbsp;homelessness problem<\/a>.&nbsp;<\/p>\n\n\n\n<p>Musk has spoken out about the issues gripping the city before. In May he called downtown San Francisco, where Twitter&#8217;s HQ is located, a&nbsp;<a href=\"https:\/\/www.businessinsider.com\/elon-musk-downtown-san-francisco-looks-like-zombie-apocalypse-2023-5\">&#8220;derelict zombie apocalypse.&#8221;<\/a>&nbsp;The billionaire&nbsp;<a href=\"https:\/\/twitter.com\/elonmusk\/status\/1658334514462982144?s=20\" target=\"_blank\" rel=\"noreferrer noopener\">said<\/a>&nbsp;the &#8220;once beautiful and thriving&#8221; area had become a &#8220;disaster.&#8221;<\/p>\n\n\n\n<p>In the past, lawmakers in&nbsp;<a href=\"https:\/\/www.businessinsider.com\/miami-mayor-called-people-close-to-elon-musk-about-twitter-relocation-2022-12\">both Miami<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/thehill.com\/policy\/technology\/3773506-gop-rep-urges-musk-to-relocate-twitter-hq-to-florida\/\" target=\"_blank\" rel=\"noreferrer noopener\">Florida<\/a>&nbsp;have encouraged Musk to relocate Twitter&#8217;s headquarters out of San Francisco in order to bring jobs to their own states.&nbsp;<\/p>\n\n\n\n<p>Representatives for Twitter did not respond to Insider&#8217;s query with a comment that addressed the question.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Beatrice Nolan&nbsp; Jul 31, 2023, 3:53 AM PDT (businessinsider.com) Insider recommends waking up with&nbsp;&nbsp;Morning Brew, a daily newsletter.Email address By clicking \u201cSign Up,\u201d you also agree to marketing emails from both Insider and Morning Brew; and you accept Insider\u2019s&nbsp;Terms&nbsp;and&nbsp;Privacy Policy.&nbsp;Click here&nbsp;for Morning Brew\u2019s privacy policy. Elon Musk says his&nbsp;Twitter rebrand&nbsp;won&#8217;t&#8230; <a class=\"continue-reading-link\" href=\"http:\/\/occupysf.net\/index.php\/2023\/08\/02\/twitter-hq-wont-move-out-of-san-francisco-despite-doom-spiral-affecting-the-city-elon-musk-says\/\"> Continue reading <span class=\"meta-nav\">&rarr; <\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[890,888,889],"_links":{"self":[{"href":"http:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/posts\/27716"}],"collection":[{"href":"http:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/comments?post=27716"}],"version-history":[{"count":1,"href":"http:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/posts\/27716\/revisions"}],"predecessor-version":[{"id":27717,"href":"http:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/posts\/27716\/revisions\/27717"}],"wp:attachment":[{"href":"http:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/media?parent=27716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/categories?post=27716"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/tags?post=27716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}