Bill Ackman, Dropbox Leave Delaware as Corporations Pull Out
Bill Ackman, the owner of investment firm Pershing Square, on Saturday said he's reincorporating his management company in Nevada. He announced the change on X.
Billionaires and Big-Tech companies are fleeing Delaware in such droves, Newsweek said the state faces an "exodus" of major corporations.
After reports over the weekend that Facebook's Meta was considering moving its incorporation from Delaware to Texas, billionaire Bill Ackman tweeted he will move his financial management company out of the Diamond State.