Travis Kalanick said he moved to Texas, joining a growing list of tech billionaires leaving California
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Travis Kalanick said he moved to Texas, joining a growing list of tech billionaires leaving California
"Well, here. So, first let's just be clear, on December 18th, I moved to Texas. So I'm a primary resident of Texas. Kalanick was born and raised in the Los Angeles area. He attended UCLA and maintained residences in Los Angeles. He co-founded Uber in San Francisco and resigned as its CEO in 2017 after facing investor pressure stemming from reports of a toxic work culture and multiple clashes with regulators."
"Kalanick did not detail the reasons he moved to Texas, but he joins a growing list of billionaires who built their careers in California but left the state, either as individuals or as businesses, since COVID. Some have flocked to Florida, while others have moved to Texas, citing favorable tax policies and business regulations."
"Elon Musk, the Tesla CEO, founded SpaceX in California but relocated to Texas in 2020. While Tesla and SpaceX have a large presence in California, Tesla's headquarters are in Austin, and in 2024, Musk said SpaceX would move its HQ to Starship, Texas. In 2020, Oracle similarly announced that it had moved its headquarters from Silicon Valley to Austin."
Travis Kalanick, former Uber CEO, moved to Texas at the end of 2025, becoming a primary resident there. He joins a growing trend of billionaires who built careers in California but relocated to other states, particularly Texas and Florida, citing favorable tax policies and business regulations. Elon Musk relocated to Texas in 2020, with Tesla's headquarters now in Austin and SpaceX planning to move its headquarters to Starbase, Texas. Oracle similarly moved its headquarters from Silicon Valley to Austin in 2020. Texas, particularly Austin, has emerged as a major destination for technology companies and investment, with billions flowing into the state for company expansion and data center development.
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