SpaceX Left California. Its IPO Payday Did Not.

The company’s June 12 IPO, valuing it at around $1.8 trillion, should boost tax revenue in the Golden State because thousands of newly wealthy employees who live and work there face a “millionaires” tax. Meanwhile, Texas doesn’t tax personal income at all. Read the full story on Forbes: https://www.forbes.com/sites/alanohns... Subscribe to FORBES: https://www.youtube.com/user/Forbes?s... Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more: https://account.forbes.com/membership... Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter:   / forbes   Forbes Video on Instagram:   / forbes   More From Forbes: http://forbes.com Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.