Experts warn of upcoming California migration due to surge in broker calls

Following SpaceX’s IPO, which valued the company above $2 trillion, many tech millionaires and billionaires, including employees and prominent executives, are relocating from California to Florida. The move is driven by California’s high taxes and new proposed billionaire tax, while Florida offers no state income or capital gains tax. Notable tech figures have purchased expensive properties in Miami and Fort Lauderdale as part of this trend.

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