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Big name companies from Tesla and Meta to Roblox and Dropbox have left or are considering leaving Delaware, long the king of U.S. corporate law. Most of the country’s biggest companies including Amazon and Google are incorporated in Delaware, but after a series of controversial court decisions, a wave of companies are looking at an exit. Business incorporation accounted for nearly 30% of revenue for DE in 2024, so what’s at stake for the state?
WSJ spoke with Gov. Matt Meyer and a corporate lawyer to explain how the state is fighting back – and why it matters.
Chapters:
0:00 DE passes law
0:30 Companies leaving DE
2:51 Why DE is king
3:59 What’s at stake for DE?
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