Crossing the Chasm: The Texas Reincorporation Adoption Curve
From first movers to early-adoption momentum among Delaware-outbound firms relocating to Texas.
As of Jun 4, 2026
26
Announced
18
Voted
14
Approved
14
Legally effective
Innovators
2.5%
Early Adopters
13.5%
CROSSING
THE CHASM
THE CHASM
Early Majority
34%
Next wave
Late Majority
34%
Laggards
16%
CUMULATIVE FIRMS — TEXAS-BOUND COHORT
1
Tesla → Texas
Tesla shareholders vote to move; opens the post-Tornetta cohort.
2
Texas Business Court opens
Specialized statewide trial court for complex business disputes.
3
Texas overhauls corporate law
S.B. 29 and S.B. 1057 — derivative threshold, proposal threshold, jury waiver, exculpation.
4
ExxonMobil approves Texas
S&P 100 anchor; NJ → TX redomestication clears 71.2% over ISS + Glass Lewis opposition.
i
Texas-only cohort: 25 Delaware-outbound public firms (panel B) plus SpaceX (private, DE → TX 2024-02-14, verified outside panel B). Adoption-lifecycle bands are illustrative; firm placements within Innovators / Early Adopters reflect first-mover sequencing, not market-share quotas. Funnel counts hydrate live from
public_firms.json as of June 4, 2026.
Source: Public filings, corporate announcements, state court and legislative records, ISS, Glass Lewis. SMU Cox CGI — The Reincorporation Index.
Delaware wrote the rules. Texas changed the math.