Musk to Move SpaceX, X Headquarters to Texas; Amazon Prime Day 1 Pulls in $7.2 Billion | Business Matters (July 17)

SpaceX will be taking off from California and not returning. Founder Elon Musk will be moving his headquarters for the aerospace company and his social media company X to Texas. Mr. Musk said his announcement was spurred by a new California law, which he called the “last straw.” Even the possibility of tension in Taiwan can imp...