Official Home of the DExit Movement. 🇺🇸 America’s business migration, tracked in real time. Companies, capital & talent leaving high-cost, high-risk states
NEW: TEXAS NOW HAS MORE FORTUNE 500 HEADQUARTERS THAN CALIFORNIA — 57 TO 56.
More than 100 companies have relocated their headquarters to Texas since 2020, including Tesla, Charles Schwab and Hewlett Packard Enterprise. The Financial Times reports today that Texas is pairing that economic migration with an aggressive overhaul of corporate law: stronger protections for management, weaker shareholder powers and specialized business courts built to compete for corporate disputes.
Texas is competing for headquarters, capital and corporate domiciles at the same time.