The company has talked to Texas officials about the potential move, which would not impact its headquarters in California.

Meta is considering a similar move to Elon Musk’s Tesla and SpaceX. Meta Platforms is in discussions about moving its incorporation from Delaware to Texas or other states, the Wall Street Journal reported on Friday,

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, according to a report in The Wall Street Journal.

Meta Platforms Inc. is discussing reincorporating its business outside of Delaware, where the company has been legally incorporated since its founding in 2004, according to a person familiar with the conversations.