London Daily

Focus on the big picture.
Thursday, Jul 16, 2026

Now Oracle's exiting California for Texas. Will the last one in Silicon Valley, please turn out the lights?

Now Oracle's exiting California for Texas. Will the last one in Silicon Valley, please turn out the lights?

Oracle, part of the S&P 100 with 138,000 employees, was founded 43 years ago in Silicon Valley

If the outbound migration from Silicon Valley to Texas continues at its current clip, we may soon see a sign on southbound Highway 101 “Will the Last One in Silicon Valley, Please Turn Out the Lights?” (although California’s frequent blackouts might render the sign redundant).

Just 11 days after Hewlett Packard Enterprise, part of the firm that created Silicon Valley in 1939, announced it was moving its headquarters from San Jose, California to Houston, Texas, Oracle announced that its headquarters had moved to Austin, Texas from Redwood City, California.

Oracle, part of the S&P 100 with 138,000 employees, was founded 43 years ago in Silicon Valley. It’s not yet known if Larry Ellison, Oracle’s co-founder, Executive Chairman and Chief Technical Officer, is moving to Texas.

Of note, Ellison is the second-largest investor in Elon Musk’s Tesla.

Musk announced a personal move out of California to Texas a few days ago. Musk has frequently clashed with California politicians and bureaucrats during the past year over 1COVID1-19 restrictions and stifling governmental overreach, likening the state to a sports franchise that won for so long it has now forgotten what it takes to win.

California’s increasingly burdensome regulatory climate has driven Elon Musk’s Tesla to build a gigafactory in Texas outside of Austin. Within weeks of the announcement, the new plant was under construction.

In California, it would have taken five years just to navigate the environmental lawsuits — most of which are merely used as tools to extract concessions for union labor and other entrenched California special interests.

California has the nation’s highest income tax rate, 13.3 percent, and businesses save, on average, 32 percent of their operating costs by moving from California to Texas.

Some Texans took aim at Gov. Greg Abbott, who announced Oracle’s move on Twitter on Friday, Dec. 11. They’re worried that an influx of more Californians, assumed to be liberal, would turn Texas blue.

Last year, the Census Bureau estimated that about 560,000 people moved into Texas from other states while about 453,000 moved out. About 82,000 of those new Texans arrived from California. The Oracle move will add to a tiny fraction of the annual migration to Texas.

The fact is that thousands of small family businesses move to Texas every year from California, though few of them ever get any notice from the national media. They are mostly run by conservatives fed up with California’s high taxes and crushing regulatory burden.

Polling in Texas consistently shows that new arrivals are more conservative than native-born Texans. At least so far.

Even if Texans actually wanted to turn Californians away, there’s no legal way to do it. That is unless Texas were to adopt the same destructive policies that California has, such as expanding government, raising taxes, and dramatically increasing arbitrary regulatory enforcement.

Ellison himself has given to politicians of both major parties and gave some $4 million to a PAC supporting Florida Republican Sen. Marco Rubio’s 2016 presidential bid. This year, he hosted a fundraiser for President Trump at his Rancho Mirage estate in California.

A few weeks ago, Joe Lonsdale, another Silicon Valley entrepreneur (Palantir and Addepar) and venture capitalist with a $3.6 billion fund, moved to Austin.

Writing in the Wall Street Journal on Nov. 15, Lonsdale cited, among other issues, a non-responsive government caused by “California’s intolerant far-left” politicians, electric blackouts, and a breakdown in public safety as reasons for his move out of the Golden State.

I couldn’t agree more. After working in California’s aerospace industry for 13 years, then serving six years as a conservative Republican California State Assemblyman until I termed out, I packed up and moved to Texas nine years ago. By the time I left in 2011, most of the aerospace giants for whom I consulted had packed up and left, as well.

California Democrats enjoy two-thirds supermajorities in each legislative house and every statewide elected office.

They own California politics. And they’d rather curse the darkness, the overhead light isn’t working, due to a blackout, following the departure of Oracle, Hewlett Packard Enterprise, Musk, and Lonsdale than light the candle of reform.

Newsletter

Related Articles

0:00
0:00
Close
UK Housing Reform Debate Intensifies Over Tenant Protection Measures
UK Defence Official Challenges Russian Narrative on NATO Readiness and European Security
UK Names Independent Member to Judicial Pension Board to Strengthen Oversight
UK Parliamentary Committee Sets New Framework for Select Committee Leadership Roles
UK Government Pushes Energy Savings Through School Solar Expansion Plan
UK Committee Reviews Future of Gaelic Broadcasting and Language Support
UK Government Expands Industrial Skills Support in Wales as Steel Sector Faces Change
UK Rejects Russian Claims That European Defence Spending Is Aggressive
UK Schools and Gaelic Broadcasting Among Areas Reviewed in New Parliamentary Inquiries
UK Housing Committee Calls for Stronger Tenant Protections Under Rental Reform Plans
UK Government Faces Pressure for Stronger Oversight After South East Water Failings Report
UK Parliament Opens Inquiry Into Safety of Women and Girls on Public Transport
UK Defence Ministry Appoints Interim Chief Defence Medical Officer During Transition Period
UK Government Announces Five Million Pound Skills Programme for Young People in Port Talbot
UK Government Launches Solar Programme to Cut Energy Costs for Schools
Met Office Warns Extreme Weather Is Becoming More Common Across the UK
UK Government Faces Internal Debate Over New Chancellor Appointment Under Andy Burnham
Andy Burnham Set to Become UK Prime Minister After Keir Starmer’s Resignation
UK Economy Grows Slightly in May as Supply Chain Disruptions Continue to Weigh on Industry
British Steel Moves Into UK Public Ownership to Protect Domestic Steel Production and Jobs
Spain in Ecstasy: "We Feel Unbeatable, We Taught the Whole World a Lesson"
Spain and UK Dismantle Gibraltar Border Following Landmark Schengen Integration Treaty
Church of England Rejects Plan to Rewild Thirty Percent of Land by 2030
UK Parliament Examines Future of Gaelic Broadcasting in Scotland
Thames Water Faces Criticism Over Four Million Pounds in Bonus Payments
South East Water Crisis Puts UK Water Regulation Under Renewed Scrutiny
UK Report Highlights Racial Inequality in Homelessness Support Services
UK Government Defends Proposed Social Media Curfew for Teenagers Despite Criticism
Reform UK Gains Recognition as Major Political Party in New Polling
Labour Party Faces Internal Divisions Over Gaza Policy and Asylum Reform
Experts Warn UK Housing and Transport Infrastructure Is Unprepared for Rising Extreme Heat
UK Human Rights Committee Begins Review of Immigration and Asylum Bill
UK Parliament Launches Inquiry Into Declining High Streets Across England
Bank of England Governor Warns of Growing AI Risks to Global Financial Security
UK Public Finance Institutions Mobilize Fifty Billion Pounds to Support Growth and Jobs
UK Parliament Opens Inquiry Into Long-Term Strategy Toward Russia
UK-India Trade Agreement Takes Effect With Zero-Duty Access for Nearly All Indian Exports
Forget Tinder: The Surprising Platform Where People Find Love
UK Government Faces Growing Debate Over Local Control of Immigration Enforcement
UK Biodiversity Forum Highlights Business Need to Protect Natural Environment
UK Parliament to Consider Workplace Temperature Limits Amid Climate Concerns
UK Parliament Considers Independent Immigration Appeals Authority Proposal
BBC Charter Renewal Scrutiny Intensifies as Parliament Reviews Broadcaster’s Future
Parliament Reviews Future of UK Maternity and Neonatal Care Services
UK-India Trade Accelerator Launched to Help Smaller Firms Expand Into Indian Market
UK Business Leaders Meet in Edinburgh to Address Economic Risks From Biodiversity Loss
UK Parliament Prepares for Sir Keir Starmer’s Final Prime Minister’s Questions Before Leadership Transition
Green Party-Led Lewisham Council Moves Against Cooperation With Home Office Immigration Raids
UK Government Faces Parliamentary Pressure Over Capita Contracts in Shared Services Programme
UK Economy Expected to See Modest Growth as OECD Highlights Fiscal and Global Risks
×