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A comment on xAI has acquired X, xAI now valued at $80B. Parent comment

Re:xAI has acquired X, xAI now valued at $80B by Majromax on Friday March 28, 2025 @07:16PM (#43510916)
> I have no idea what corporate law is like in Texas.

Nobody does, really. Texas is relatively new to its 'corporate registration friendly' game, and at least on paper the statutory law is the same. Texas courts don't have to follow Delaware's case history, but it's also not a given that they will rule in a vastly more owner-friendly manner.

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Re:xAI has acquired X, xAI now valued at $80B by no_wizard on Friday March 28, 2025 @07:47PM (#43511125)
To add on to this, Texas as part of this pitch is the promise of less oversight and they not following Delaware’s lead is a plus
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Re:xAI has acquired X, xAI now valued at $80B by ISL on Friday March 28, 2025 @11:48PM (#43512558)
The judges may or may not have the same take on that matter as the legislature.
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Re:xAI has acquired X, xAI now valued at $80B by rvnx on Saturday March 29, 2025 @12:10PM (#43516557)
Is it realistic that Texas will decide to punish one of its most active companies ? Risking that they leave Texas for another state.
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