Musk ‘Super Fan’ Eyes Texas Shift for $110 Billion MercadoLibre

April 28, 2025, 5:01 PM UTC

MercadoLibre Inc., Latin America’s most valuable company, is asking shareholders to approve a plan to move its domicile to Texas from Delaware amid a wave of firms reconsidering the long-standing corporate haven after a public spat between a judge and Elon Musk.

The planned “redomestication” is among items MercadoLibre shareholders are scheduled to vote on during its annual meeting on June 17, according to a filing earlier this month.

MercadoLibre, an e-commerce and fintech juggernaut with $21 billion of revenue last year, operates in Latin America with a sole fulfillment center in Texas opened last year to mostly ...

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