#1 out of 391.0K est. views
business1d ago
Elon Musk called on corporations to ditch Delaware. They didn't listen.
Mrf.lu and 1 more
- Delaware saw an absolute rise in corporate formations in 2025, signaling sustained appeal even amid Dexit debates and external criticism.
- Analysts argue the data contradict alarmist Dexit scenarios, suggesting the Delaware narrative of a mass exodus is overstated.
- Delaware officials reaffirm the state’s status as a global leader in business formation despite partisan critiques.
- Musk’s call to move registrations did not halt new incorporations, underscoring the complexity of the Dexit debate.
- Scholars note a potential lag between regulatory changes and filing upticks, but timing alone does not fully explain the rise.
- The 2025 uptick marks Delaware’s rising relative popularity, strengthening its position as a leader in a period of limited corporate growth elsewhere.
- The Corporate Census shows Delaware’s growth is driven by new formations (absolute rise), not declines in other states.
- External factors, including national political changes, are considered as possible influences on Delaware filings, though no single cause is established.
- Critics’ high-profile departures did not translate into a broad exodus; the Corporate Census calls the ‘Dexit’ notion minimal in impact.
- Industry players like Andreessen Horowitz and Coinbase cited Delaware governance uncertainty as a factor in moves, highlighting ongoing governance concerns.
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