Elon Musk's Company X to Receive Major Tax Break from Fulton County

Thursday, January 25th, 2024

X, the platform formally known as Twitter, is set to receive a major tax break from Fulton County, following a vote on Tuesday by the county Development Authority.

The board approved the tax break on what has been billed as a $700 million investment by X in Atlanta, in a 6-2 vote despite some objections from members of the public. The break amounts to about $10 million over 10 years.

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