Meta Platforms is reportedly in discussions to move its incorporation from Delaware to Texas or potentially other states, according to a Wall Street Journal report. The company has been in talks with Texas officials about the shift, although the change would not impact Meta’s corporate headquarters, which will remain in Menlo Park, California.
While the discussions began before President Donald Trump’s administration, the potential reincorporation mirrors the decision made by Elon Musk, who moved Tesla and SpaceX’s incorporations to Texas. Texas is often seen as offering a more favorable legal and regulatory environment, particularly in areas like taxation and corporate governance. These benefits could appeal to businesses looking to reduce costs and streamline their operations.
A Meta spokesperson confirmed that the company does not plan to shift its headquarters but declined to comment further on the reincorporation process.
