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Elon Musk’s ‘Dexit’ sparks corporate exodus, threatens Delaware’s business throne

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Elon Musk’s ‘Dexit’ sparks corporate exodus, threatens Delaware’s business throne


Delaware’s corporate grip seems to be slipping. Frustrated CEOs, echoing Elon Musk’s frustrations with the state, are ditching the state’s Chancery Court and reincorporating elsewhere—a movement that has been colloquially dubbed as “Dexit.”

The “Dexit” Exodus:

  • Meta, Dropbox, Pershing Square, Trade Desk, Fidelity National Financial, and Sonoma Pharmaceuticals have drafted up plans to potentially exit Delaware and incorporate somewhere else, as noted in a Yahoo Finance report. 
  • These companies, if they do leave, would join Elon Musk’s Tesla, SpaceX, Boring Company, Neuralink, and X.
  • The trend has been informally dubbed as “Dexit.”
  • Musk’s companies left the state after Delaware Judge Chancellor Kathaleen McCormick struck down the CEO’s 2018 pay package after all its targets had already been achieved.

Musk’s warning: 

  • Musk has been very open about his disdain over Delaware’s courts. “Never incorporate your company in the state of Delaware,” he posted on X in January 2024. 
  • Musk’s frustration with Delaware became even more evident after Chancellor McCormick refused to consider the decision of TSLA shareholders, who ratified the CEO’s pay package during its 2024 Annual Meeting of Stockholders.
  • Tesla shareholders have voted to reincorporate the company in Texas instead of Delaware during its last annual meeting.

Experts Weigh In: 

  • “I think there is a lot of pressure on Delaware,” said University of Virginia Law School professor Michal Barzuza. “And I think the more moving, the easier it becomes for others to move.”
  • Pershing Square CEO Bill Ackman was among the entrepreneurs who have opted to leave Delaware. In a post on X, he announced that he is leaving the state for Nevada.
  • “We are reincorporating our management company in Nevada for the same reason. Top law firms are recommending Nevada and Texas over Delaware,” Ackman wrote.
  • Coinbase chief legal officer Paul Grewal shared similar sentiments in recent weeks.
  • “I’ve tried cases to Delaware juries, enjoyed friendships with Delaware judges, and taught classes to Delaware lawyers. The Hotel DuPont is a familiar stay, and I’ve bought too many shirts and ties to count at Wright & Simon in Wilmington. And so I share this with affection, not animosity:  Delaware is at serious risk of losing its standing as the leading state of incorporation for American companies,” Grewal wrote.

The Stakes for Delaware:

  • For roughly a century, Delaware has lured companies with business-friendly laws, a specialized court, and easy filings. Due to these, the state hosts over two-thirds of Fortune 500 firms.
  • Incorporation fees are a notable part of Delaware’s economy. In 2024, incorporation fees brought $1.33 billion to the state. 
  • Delaware rivals like Nevada, Texas, and Wyoming are now muscling in with their own pro-business pitches.
  • New Delaware Gov. Matt Meyer is digging into Chancery complaints.
  • “I’m hearing something similar from a number of Delaware companies and attorneys. That they feel like they get the same judge every time when they come to Delaware business court, and they don’t feel like they are getting a fair hearing,” he told CNBC.

Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.

Elon Musk’s ‘Dexit’ sparks corporate exodus, threatens Delaware’s business throne










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Delaware

Lucky Duck a new destination on the Delaware River waterfront

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Lucky Duck a new destination on the Delaware River waterfront


ByTimothy Walton

Tuesday, April 21, 2026 7:08PM

Lucky Duck a new destination on the Delaware River waterfront

NORTHERN LIBERTIES (WPVI) — Lucky Duck is a new eatery along the Delaware River waterfront. The restaurant offers an approachable menu with an American Bistro style food with a creative collection of cocktails and brews.

The space is part of the Rivermark Apartments on Columbus Boulevard which took the place of Festival Pier. The Lucky Duck was part of the build out that includes a Sprouts Grocery store and the residential space.

The Lucky Duck has a tavern atmosphere with a wall of windows that overlook the river. The setting includes a nook for darts, a claw machine with rubber ducks and a pizza window for late night slices after the kitchen closes.

The indoor space includes nearly 70 seats and will be complemented by patio seating that will double to occupancy of the eatery.

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Lucky Duck | Facebook | Instagram
501 North Christopher Columbus Boulevard, Suite 2003, Philadelphia PA 19123

Copyright © 2026 WPVI-TV. All Rights Reserved.





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Delaware Lottery Powerball, Play 3 Day winning numbers for April 20, 2026 – AOL

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Delaware Lottery Powerball, Play 3 Day winning numbers for April 20, 2026 – AOL


The Delaware Lottery offers several draw games for those aiming to win big.

Here’s a look at Monday, April 20, 2026 results for each game:

Winning Powerball numbers from April 20 drawing

09-17-36-47-64, Powerball: 26, Power Play: 3

Check Powerball payouts and previous drawings here.

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Winning Play 3 numbers from April 20 drawing

Day: 2-2-8

Night: 4-8-2

Check Play 3 payouts and previous drawings here.

Winning Play 4 numbers from April 20 drawing

Day: 5-8-5-9

Night: 8-8-4-8

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Check Play 4 payouts and previous drawings here.

Winning Multi-Win Lotto numbers from April 20 drawing

02-04-06-10-11-25

Check Multi-Win Lotto payouts and previous drawings here.

Winning Lotto America numbers from April 20 drawing

05-07-31-41-43, Star Ball: 07, ASB: 02

Check Lotto America payouts and previous drawings here.

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Winning Play 5 numbers from April 20 drawing

Day: 1-5-6-0-1

Night: 0-6-7-5-5

Check Play 5 payouts and previous drawings here.

Feeling lucky?Explore the latest lottery news & results

Are you a winner? Here’s how to claim your lottery prize

  • Sign the Ticket: Establish legal ownership by signing the back of your ticket with an ink pen.

  • Prizes up to $599: Claim at any Delaware Lottery Retailer, in person at the Delaware Lottery Office, or mail your signed ticket and claim form; print your name/address on the ticket’s back and keep a copy/photo for records. By mail, send original tickets and documentation to: Delaware Lottery, 1575 McKee Road, Suite 102, Dover, DE 19904.

  • Prizes up to $2,500: Claim in person at Delaware Lottery Retailer Claim Centers throughout Kent, Sussex and New Castle Counties.

  • Prizes of $5,001 or more: Claim in person at the Delaware Lottery Office (business days 8 a.m. to 4 p.m.) with a photo ID and Social Security card.

  • For all prize claims, directions to the Delaware Lottery Office are available online or via mapquest.com for a map.

Check previous winning numbers and payouts at Delaware Lottery.

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Can I claim a jackpot prize anonymously in Delaware?

Fortunately for First State residents, the Delaware Lottery allows winners remain anonymous. Unlike many other states that require a prize be over a certain jackpot, Delawareans can remain anonymous no matter how much, or how little, they win.

How long do I have to claim my prize in Delaware?

Tickets are valid for up to one year past the drawing date for drawing game prizes or within one year of the announced end of sales for Instant Games, according to delottery.com.

When are the Delaware Lottery drawings held?

  • Powerball: 10:59 p.m. Monday, Wednesday, and Saturday.

  • Mega Millions: 11:00 p.m. on Tuesday and Friday.

  • Play 3, 4: Daily at 1:58 p.m. and 7:57 p.m., except Sunday afternoon.

  • Multi-Win Lotto: 7:57 p.m. Monday, Wednesday, and Friday.

  • Lucky for Life: Daily at 10:38 p.m.

  • Lotto America: 11:00 p.m. Monday, Wednesday, and Saturday

Missed a draw?Peek at the past week’s winning numbers.

This results page was generated automatically using information from TinBu and a template written and reviewed by a Delaware Online digital operations manager. You can send feedback using this form.

This article originally appeared on Delaware News Journal: Delaware Lottery Powerball, Play 3 Day winning numbers for April 20, 2026

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ViVA Awards luncheon celebrates service across Delaware County

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ViVA Awards luncheon celebrates service across Delaware County


MUNCIE, IN — Five individuals and one organization were recognized for their contributions to Delaware County during the annual ViVA (Very Important Volunteer Award) luncheon on April 14, according to a community announcement.

The event, hosted by the Muncie Noon Rotary Club in partnership with the Muncie Sunrise Rotary Club, has been a tradition since 1993. The ViVA Awards celebrate those who dedicate their time and resources to uplift the community.

Vickie Armstrong Oliver, Ken Glaub, Dottie Kreps and Beth Kroehler each received individual ViVA Awards for their volunteer efforts and commitment to various causes.

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The Muncie Central High School Alumni Association was presented with the 2026 ViVA Organizational Award. Since 1995, the association has supported the high school through philanthropy and historical preservation.

The association has awarded more than $76,000 in scholarships to seniors and nearly $39,000 in teacher grants. It has also financed various campus needs, including the restoration of the school’s Abraham Lincoln statue. The board maintains a public Memorabilia Room to preserve the school’s legacy.

Linda Gregory received the Edmund F. Ball Lifetime Achievement Award for her lifelong dedication to service in the community.

The ViVA Awards luncheon served as a reminder of the generosity and compassion that define Delaware County’s volunteer heritage, according to the announcement.

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This story was created with the assistance of Artificial Intelligence (AI). Journalists were involved in every step of the information gathering, review, editing and publishing process. Learn more at cm.usatoday.com/ethical-conduct.



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