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Meta's potential exit from Delaware had governor worried enough to call special weekend meetings
METAMeta Platforms(META) CNBC·2025-03-19 10:00

In this articleMETAMeta CEO, Mark Zuckerberg and Tesla and SpaceX CEO, Elon MuskManuel Orbegozo | Chip Somodevilla | ReutersAfter news broke on the last day of January that Meta might follow Elon Musk's lead in exiting Delaware to incorporate in another state, Democratic Governor Matt Meyer sprung into action.Delaware has long been the dominant state for U.S. companies to incorporate due to its flexible corporate code and expert judiciary. More than 20% of the state's tax revenue, amounting to more than $1 ...