News > 'Yes, I have moved to Texas,' says world's second-richest person Elon Musk

'Yes, I have moved to Texas,' says world's second-richest person Elon Musk

09/12/2020 12:49 PM | Click to read full article

Elon Musk can comfortably call himself the world's second-richest person amid a surge in the stock of his electric car maker Tesla, and now he has added another title: Texan. "Yes, I have moved to Texas," he said.

Musk justified the move by saying he needed to be closer to two of his biggest projects: the development of rockets by his company SpaceX in the southern part of the state, and construction of a Tesla automobile plant near state capital Austin.

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