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 and Instagram is incorporated in Delaware, but is considering a change. Its corporate headquarters would remain in Silicon Valley, people with knowledge of the matter said.
The president had sued the social-media company after his accounts were suspended following the Jan. 6 riot at the U.S.
Bill Ackman announced on Saturday that his management company would leave Delaware to reincorporate in Nevada.