Everything is bigger in Texas, including the initial public offerings.
Abbott described Musk as a case study in how Texas courts major corporations, arguing that the state’s willingness to move quickly and work directly with executives has set it apart from competitors.
The governor outlined how Texas wooed Musk and his companies, including SpaceX and electric car manufacturer Tesla Inc., as part of a broader push to attract businesses from across the country. State officials worked directly with Musk on Tesla’s Austin-area gigafactory in 2020, helping speed up the permitting process and construction timeline, Abbott said.