Opinion

Texas emerges as the top destination for companies leaving blue states

SpaceX, Tesla, ExxonMobil and Chevron among major companies choosing Texas over Delaware and blue states

By Jason Isaac Fox News

Published April 17, 2026 7:00am EDT

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Texas is emerging as the nation’s leading economic engine and corporate America is following its lead, with companies rethinking where they call home.  Beyond attracting investments, creating jobs and encouraging long-term growth, Texas saw 10.1% increase in economic output per-capita from 2021 through 2024.

With the state’s thriving economy, the corporate exodus to Texas is no coincidence. Texas's economy continues to outpace the national average and ranks No. 1 in job creation. In March alone, 26 new projects were announced in locations across Texas, which are expected to create more than $20.5 billion in capital investment and 1,241 new jobs.

Supported by its pro-growth policies that advance freedom for companies and consumers alike, Texas is opening a new frontier in its growth story: attracting companies’ legal incorporations and their headquarters.

Historically, a company’s decision to redomicile was viewed as a routine business decision. For a century, Delaware has held the corporate crown, being home to at least........

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