DoorDash Quits Delaware, $3+ Trillion Moves to Texas, Nevada
12th August 2026
Gee, I wonder why?
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, DoorDash, a major online delivery service, informed the Securities and Exchange Commission that the controlling stockholders approved reincorporating the company in Nevada, following unanimous approval from DoorDash’s board.
What makes the decision particularly significant is the rationale.
DoorDash pointed to what it sees as surprising outcomes in Delaware courts and an increasingly litigious corporate environment.
Nevada, by contrast, offers a more statute-focused system that the company believes can provide greater predictability.