July 16 (Reuters) -

Social media platform X Corp and rocket company SpaceX will

move their headquarters to Texas from California, billionaire

Elon Musk, who controls both companies, said on Tuesday.

A new California law that forbids school districts from

requiring teachers to notify parents when a child changes gender

identity or sexual orientation was one reason for the move, Musk

said, calling it the "last straw."

"Because of this law and the many others that preceded

it, attacking both families and companies" Musk said posts on X

in explaining the decision.

Musk in February moved SpaceX's incorporation from

Delaware to Texas, after a Delaware judge invalidated his

$56-billion compensation plan at his electric vehicle company

Tesla.

SpaceX has a sprawling headquarters just outside Los

Angeles where employees build and test rocket engine components,

spacecraft and satellites.

Musk in 2021 moved Tesla's headquarters to Texas, though

California remains its engineering hub.

The move out of California comes days after the CEO of

Tesla publicly endorsed Donald Trump in the U.S. presidential

race.