Here are the biggest companies that have followed Elon Musk out of Delaware
Elon Musk reincorporated SpaceX from Delaware to Texas in 2024, sparking a wider exodus from the historically business-friendly state. Kevin Dietsch/Getty Images 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 was once the go-to state to incorporate. That might be changing. A number of high-profile corporations have picked up and left the state in the last year, citing legal uncertainty and "subjectivity" introduced by the Delaware Court of Chancery, which handles corporate cases and business disputes. Elon Musk helped spark the trend when he urged companies to avoid incorporating in Delaware last year after a judge voided his $55 billion pay package . Some prominent companies, like Tripadvisor, left even before Musk's high-profile case. Although Delawa...