Google, Facebook, Amazon and many others have offices in Austin.
Toyota invested $1 billion in 2017 to move its U.S. headquarters and plant from California to Plano, Texas.
Apple has spent $1 billion on the construction of a new campus in Austin.
Dell is a native Texas company, was established in Austin. Michael Dell founded the company in 1984 right in his dorm room at the University of Texas. Dell is now headquartered near Austin in Round Rock.
Hewlett Packard is considered to be the company with which Silicon Valley began — a corresponding commemorative plaque hangs on the garage in Palo Alto, which was rented in 1938 by Bill Hewlett and Dave Packard. However, the company recently announced that it is moving its headquarters from California to Texas, to the suburbs of Houston, where it is building a new campus. HP already has offices in Austin and in Plano, near Dallas.
Oracle, another old-timer of Silicon Valley, has had a spacious campus with housing for employees on the waterfront in Austin since 2018, and in December announced that it was moving its headquarters to Austin as well. Like other moving companies, Oracle stated that it will adhere to flexibility in relation to employees: there are no layoffs planned, employees will be able to choose between remote work and office work, especially since offices in California will continue their work.
Tesla is building a giant new plant in Texas, and Elon Musk has repeatedly threatened to move the company’s headquarters from California. So far, he has moved to Texas himself — especially since his space company SpaceX is developing here. Musk criticizes California for obstacles to business. “In fact, it’s worth noting that Tesla is the last car company that still makes cars in California. SpaceX is the last aerospace company that still has significant production in California,” Musk says.