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News
Here are the biggest companies that have followed Elon Musk out of Delaware
1+ mon, 2+ day ago (1152+ words) Companies continue to leave Delaware, a state historically known for being business-friendly. Elon Musk inspired the exodus in 2024 when he reincorporated SpaceX in Texas. DoorDash was the most recent major company to announce its intention to leave the state. Delaware…...
DoorDash Quits Delaware, $3+ Trillion Moves to Texas, Nevada
1+ mon, 2+ day ago (760+ words) For more than a century, Delaware enjoyed something close to an automatic presumption in American corporate law: If you were building a major company or preparing to go public, you incorporated in Delaware. That presumption no longer exists. On Tuesday,…...
Delaware, Texas have highest business bankruptcy filings in U.S.
1+ mon, 1+ week ago (568+ words) (The Center Square) – Business bankruptcy filings have increased nationwide by nearly 12% in one year. That’s after they increased by nearly 15% the previous year. Business bankruptcy filings increased from 23,154 in the 12 months that ended March 31, 2025, to 25,796 in the 12 months ended March…...
DEXIT to Texas: Companies continue to leave Delaware for Texas
2+ mon, 2+ week ago (433+ words) (The Center Square) – Companies are continuing to leave Delaware, redomiciling in other states, referred to as DEXIT. More recently, Fortune 500 companies have been making high profile announcements to redomicile in Texas, leading a DEXIT to Texas movement. They include reduced…...
Texas Capital to remain incorporated in Delaware after 'Dexit' vote fails
4+ mon, 2+ week ago (505+ words) Texas Capital Bancshares would have become the latest company to join the "Dexit" trend, but shareholders said no. The Dallas-based parent company of Texas Capital Bank put forth a proposal to move its corporate charter to Texas and leave Delaware....