edit: another commenter points out that California reclaimed the throne in the 2024 list, released just yesterday.
As far as I can tell, there's some amount of movement to Texas for lower corporate taxes (especially companies led by executives like Musk or Ellison who prefer Texas's politics).
I would be surprised if any major companies delist from NYSE / NASDAQ in order to go all-in on a new exchange, although I could see, say, Tesla considering it if it was a condition for an attractive ticker symbol like T (NYSE symbol for AT&T, which is also headquartered in Texas).
edit: another commenter points out that California reclaimed the throne in the 2024 list, released just yesterday.
As far as I can tell, there's some amount of movement to Texas for lower corporate taxes (especially companies led by executives like Musk or Ellison who prefer Texas's politics).
I would be surprised if any major companies delist from NYSE / NASDAQ in order to go all-in on a new exchange, although I could see, say, Tesla considering it if it was a condition for an attractive ticker symbol like T (NYSE symbol for AT&T, which is also headquartered in Texas).