Meta in talks to reincorporate in Texas or another state, exit Delaware, WSJ reports
- Meta is considering moving its incorporation from Delaware to another state, with Texas being a potential candidate, as reported by The Wall Street Journal.
- The move would not affect Meta's corporate headquarters located in California, according to Meta's statement to Forbes.
- Multiple Meta board members, including Mark Zuckerberg, are facing a shareholder lawsuit in Delaware related to the Cambridge Analytica scandal.
- Elon Musk has previously moved his companies out of Delaware, influencing Meta's considerations, as noted by The Wall Street Journal.
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Leaning Left3Leaning Right6Center12Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
14%
C 57%
R 29%
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