Elon Musk’s ‘Dexit’ sparks corporate exodus, threatens Delaware’s business throne

Delaware’s corporate grip seems to be slipping. Frustrated CEOs, echoing Elon Musk’s frustrations with the state, are ditching the state’s Chancery Court and reincorporating elsewhere—a movement that has been colloquially dubbed as “Dexit.” The “Dexit” Exodus: Meta, Dropbox, Pershing Square, Trade Desk, Fidelity National Financial, and Sonoma Pharmaceuticals have drafted up plans to potentially exit … Continue reading Elon Musk’s ‘Dexit’ sparks corporate exodus, threatens Delaware’s business throne