London Daily

Focus on the big picture.
Sunday, Oct 18, 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
First Minister Rhun ap Iorwerth Confirms Constitutional Discussions Over Welsh Independence During Initial Bilateral Call with Prime Minister
Labour Party Instructs Local Council Groups to Sever Power-Sharing Accords with Green Party Over New Controversial Policy Positions
Institute for Fiscal Studies Warns of Thirty-Five Billion Pound Fiscal Gap Ahead of Chancellor John Healey Upcoming Autumn Budget
House of Lords Backs Landmark Legislative Amendment to Decriminalize Abortion Across England and Wales
United Kingdom Defence Secretary Wes Streeting Travels to Pentagon for High-Level Strategic Talks Amid Escalating Tensions Over Ukraine and United States Policy Shifts
Bank of England and International Monetary Fund Officials Issue Urgent Warnings Regarding Potential Artificial Intelligence Financial Market Shocks
Reform UK Faces Severe Political Fallout and Scrutiny After Undercover Media Investigations Reveal Systemic Racism Among Candidates
Former Democratic Unionist Party Leader Jeffrey Donaldson Sentenced to Fifteen Years in Prison Following Landmark Child Sexual Abuse Trial
House of Lords Votes to Amend Schools Bill Implementing Comprehensive Social Media Ban for Children Under Sixteen Years of Age
International Monetary Fund Upgrades United Kingdom Growth Forecast for Two Thousand Twenty-Six While Warning of Energy-Driven Inflation Pressures
Competition and Markets Authority Launches Formal Inquiry Into Corporate Artificial Intelligence Partnerships
Automotive Industry Leaders Urge Westminster to Accelerate Electric Vehicle Charging Infrastructure Rollout
Home Office Expands Digital Border Security Framework With Mandatory Electronic Travel Authorizations Across United Kingdom
Northern Ireland Executive Reaches Final Consensus on Public Sector Pay Reform and Budget Allocations
Welsh First Minister Secures Additional Funding for Rural Agricultural Transition and Sustainable Farming Schemes
Scottish Government Unveils Accelerated Regional Infrastructure Strategy to Boost Clean Energy Manufacturing
National Health Service England Launches Emergency Recruitment Drive to Alleviate Severe Acute Care Winter Backlogs
Bank of England Monetary Policy Committee Signals Cautious Approach to Interest Rate Reductions Amid Persistent Wage Growth
British Government Finalizes Emergency Energy Support Package to Protect Households From Winter Price Surges
Russell Brand Trial Begins at Southwark Crown Court
UK Parliament to Debate Climate Risks and Council Tax Following Public Petitions
Department for Transport Demands Safety Audits Following Regional Rail Disruptions
House of Lords Scrutinizes Amendments to Armed Forces Bill
Devolved Administrations in Scotland and Wales Criticize Post-Brexit Funding Framework
Prime Minister Andy Burnham Defends Middle East Military Support Under Parliamentary Scrutiny
NHS Leaders Warn of Severe Pressure on Hospitals from Winter Virus Outbreaks
Retailers and Business Groups Lobby Chancellor for Relief from Rising Employment Taxes
City of London Taskforce Urges Radical Reform to Prevent UK From Becoming "Incubator Nation"
Bank of England Officials Signal Potential November Interest Rate Hike
Institute for Fiscal Studies Warns of £35 Billion Funding Gap in Upcoming Autumn Budget
IMF Upgrades UK Growth Forecast to 1.3% for 2026
Former UUP leader Jeffrey Donaldson sentenced to 15 years in prison for historical child sex offences
UK ministers adopt independent commission blueprint to fast-track AI in the NHS
Labour leadership orders local councillors to end power-sharing deals with Green Party
UK government considers regulatory intervention in proposed Sky and ITV merger
Environment Agency declares severe drought across six English regions as reservoirs hit critical lows
NHS England issues new guidance prohibiting transgender women from female-only wards
Norwegian teenager sentenced to 20 years for part of Iran-backed assassination plot in Britain
UK government threatens complete visa ban on Eritrea over refusal to accept deportees
UK Treasury lobbies UBS to move global headquarters to London amid banking sector tax threats
MI5 Warns of Growing Russian Sabotage and Espionage Threats Across Britain
UK Prime Minister Andy Burnham Plans Brussels Talks to Renegotiate Post-Brexit Trade Deal
MI5 Warns of Rising Russian and Iranian Sabotage Threats to British Military Facilities
UK Prime Minister Andy Burnham Pledges Closer EU Ties as MI5 Reveals Russian Brexit Interference
UK Orders Security Review Following Reported Killing of Former Politician Ann Widdecombe
UK Prime Minister Andy Burnham Meets German Chancellor Merz to Strengthen European Security Ties
Nearly 100,000 NHS Patients Treated in Hospital Corridors as England Braces for Winter Pressures
UK Government Rejects US-Russia Diesel Agreement and Reaffirms Sanctions Against Moscow
UK and Germany Agree to Deepen Security and Economic Cooperation Following Berlin Talks
British Prime Minister Burnham Pledges Closer EU Ties During Visit to Germany
×