Hawthorne-based SpaceX, the massive aerospace company known for its innovative rockets and space capsules — with billions of dollars worth of contracts with the federal government — will move its headquarters from California to Texas, founder Elon Musk announced on X, formerly Twitter, on Tuesday, July 16.
While the precise impact wasn’t immediately known, the relocation will certainly be a heavy blow to the South Bay and regional economy, likely causing significant job losses.
Musk...