The potential step by the social-media giant follows a similar move by Elon Musk, who moved to reincorporate his companies in Texas and Nevada.

Facebook and Instagram parent company Meta Platforms is reportedly in talks to reincorporate in Texas. Like many large U.S. corporations, the social media giant is incorporated in Delaware, but it might soon be migrating south,

Meta talked to officials about moving its incorporation from Delaware to Texas, the Wall Street Journal reports.