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Giant Companies Flee Delaware for Texas

Published 4 days, 18 hours ago
Description

Corporate giants like Tesla, SpaceX, and Coinbase are abandoning Delaware for Texas and Nevada, seeking clearer laws and fewer lawsuits. Delawares Court of Chancery, once a gold standard, is now criticized for unpredictable rulings and frivolous litigation, driving up insurance costs and draining cash from growth. Texas and Nevada offer business courts, tougher rules, and tax perks, attracting companies and accelerating the exodus from Delaware.

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