Meta Platforms Inc (NASDAQ:META) is mulling whether to move its incorporation to from Delaware to Texas, the Wall Street journal reported Friday, citing people familiar with the matter.

The Instagram parent is exploring the possibility of relocating its legal incorporation to Texas from Delaware, according to The Wall Street Journal.

Bill Ackman announced on Saturday that his management company would leave Delaware to reincorporate in Nevada.

Delaware is facing a further exodus of tech companies amid reports that Meta and Dropbox are moving out of the state. Newsweek has contacted Meta and Dropbox for comment via email.

The owner of Facebook, Instagram and WhatsApp earlier said it was replacing its third-party fact checkers with a Texas-based ...

Meta is considering reincorporating in Texas, joining other companies like Tesla and SpaceX in moving from Delaware.

Many U.S. companies incorporate in Delaware, due to laws favoring businesses. But amid a lawsuit, Meta is considering leaving ...

Meta’s possible move to Texas echoes Elon Musk’s decision to reincorporate Tesla and SpaceX to the Lone Star state. Musk’s move to exit Delaware came after a court in the state ordered him to give up ...

Meta Platforms (NASDAQ:META) is exploring a shift in its state of incorporation from Delaware to Texas or other ...

The announcement comes as Meta CEO Mark Zuckerberg maintains the company’s ambitious AI strategy, which will require hefty ...

Meta is considering whether to move its incorporation to Texas, a US state seen as amenable to companies run by big ...