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.
Meta is considering whether to move its incorporation to Texas, a US state seen as amenable to companies run by big shareholders like Mark Zuckerberg.
According to an agreement with Spanish-based Zelestra, four solar facilities will put 595 MW of energy into the ERCOT grid for Meta's data centers.
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.
Meta Platforms Inc. is discussing reincorporating its business outside of Delaware, where the company has been legally ...
Meta is considering whether to move its incorporation to Texas, a US state seen as amenable to companies run by big shareholders like Mark Zuckerberg, the Wall Street Journal reported Friday.
The potential step by the social-media giant follows a similar move by Elon Musk, who moved to reincorporate his companies in ...
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 ...