Musk ‘Fealty’ Drives Delaware Exits as His Grip on Power Grows

Feb. 5, 2025, 5:13 PM UTC

All Elon Musk had to do to finally get some revenge against Delaware was become one of the world’s most powerful people.

As soon as the tech titan stepped into his new role as Donald Trump’s efficiency czar and began throwing his weight around in unprecedented ways, the “DExit” seemed to be underway. Meta Platforms Inc., Dropbox Inc., and Bill Ackman’s Pershing Square have since revealed potential plans to relocate.

It’s a reversal from 2024, when Musk called for a corporate exodus after the chief judge of Delaware’s elite business court voided his $56 billion pay package ...

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