These big companies moved to red Texas. Now the state's gone blue.

by Truman Dickerson 04 November 2026 3 min read 501x views

These big companies moved to red Texas. Now the state's gone blue.

Democratic U.S. Senate candidate, province Rep. James Talarico and Texas gubernatorial candidate, province Rep. Gina Hinojosa toast alongside a fountain beverage at a Whataburger eatery following an election-night observe gathering at the Long Center November 3, 2026 in Austin, Texas. Talarico defeated Republican, Texas Attorney General Ken Paxton and Hinojosa ousted Republican incumbent Gov. Greg Abbott. (Photo by Brandon Bell/Getty Images) — Texas Governor-elect Gina Hinojosa and Texas Senator-elect James Talerico commemorate their wins. Business leaders may be reconsidering their moves following Texas went blue on Tuesday. Brandon Bell/Getty Images

More than 200 companies flocked to Texas in the final seven years, as Republicans in accusation of the Lone Star province advertised a business-friendly aura alongside lucrative company tax incentives.

On Wednesday morning, though, the CEOs of those companies woke up to an unprecedented blue wave whose crests reached profound into Texas, from the Rio Grande Valley to Dallas.

Democratic challenger Gina Hinojosa, a province delegate alongside a minimal national profile, defeated Gov. Greg Abbott, a notable Republican operating for a fourth term.

Hinojosa has signaled that she favors rolling rear several of the incentives that lured businesses to the state.

"I do think we should rub spotless company benefit in this state," she stated in an October discussion alongside Kut News, a Texas NPR affiliate.

On the national stage, Republican Senate applicant and Attorney General Ken Paxton suffered a stunning defeat to James Talerico, another province representative, by additional than a myriad votes.

The GOP managed to clasp onto the province senate, but results were motionless being tabulated on Wednesday for a fistful of rivalrous province home seats, according to the Associated Press.

While Hinojosa and Talerico gleefully bumped drinks at Whataburger on Tuesday night, business leaders were no doubt occupied contemplating whether the financial incentives that motivated their move would remain in place.

"I never expected Texas to rotate blue," Jason Calacanis, a tech entrepreneur and influencer, stated on X. "I moved current to get distant from the remaining lunacy!"

Texas levies no earnings taxes on personal individuals or corporations. Though the province charges a franchise tax on companies that article additional than $1 myriad in revenue, Abbott has signed bills expanding franchise tax exemptions. During her campaign, Hinojosa focused her criticism of tax incentives on data centers.

Here are several of the largest companies that moved their operations to Texas in latest years, according to a catalog compiled by Abbott's office.