‘Three-letter sentence’ that cost California billions of dollars in taxes, revenue and jobs as Elon Musk walked out of the State
Elon Musk’s SpaceX recently went public with the largest-ever initial public offering (IPO). The listing not only made the company’s founder and CEO a trillionaire but also generated significant wealth for investors and employees. However, California, where SpaceX was founded and where Musk built much of his business empire, is not sharing in that moment….