Bill Ackman, Dropbox Leave Delaware as Corporations Pull Out
3rd February 2025
Billionaires and Big-Tech companies are fleeing Delaware in such droves, Newsweek said the state faces an “exodus” of major corporations.
After reports over the weekend that Facebook’s Meta was considering moving its incorporation from Delaware to Texas, billionaire Bill Ackman tweeted he will move his financial management company out of the Diamond State.
“We are reincorporating our management company in Nevada for the same reason. Top law firms are recommending Nevada and Texas over Delaware,” Ackman wrote.