June 27, 2026
SpaceX Left California. Its IPO Payday Did Not.

Elon Musk loudly quit California after years of attacking its taxes, politics and business climate, moving SpaceX to Texas. Now the biggest fiscal event of his career could hand the state he trashed a giant tax windfall anyway. That is the awkward punchline hanging over SpaceX’s expected IPO next week. Because while the company’s relocation
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