Shortly after the Delaware Court of Chancery ruled against Elon Musk in a lawsuit challenging his $56 billion salary bonus from Tesla in 2024, the richest man in the world took to social media to vent his frustration.

“Never incorporate your company in the state of Delaware,” Musk wrote, and later created a poll asking his followers: “Should Tesla change its state of incorporation to Texas, home of its physical headquarters?”

The result was overwhelmingly in favor of leaving Delaware, and so he did, eventually relocating all of his Delaware corporations to Texas in 2024. Since then, Musk has been one of the most vocal proponents of what has become known as the “Dexit” movement, posting about Delaware dozens of times on social media urging corporate executives to move their business registration to states like Texas and Nevada.

“Change your state of incorporation out of Delaware before they lock the doors,” he wrote. “All companies should move out of Delaware.”

Within a few months, however, Musk didn’t need to post as frequently about Delaware corporate law and judges whom he dislikes because his legions of dedicated followers were doing that for him on social media, including a new account called Leave Delaware, which describes itself as the “Official Home of the ‘Leave Delaware’ (DExit) Movement.”

Since appearing in August 2024, Leave Delaware has posted thousands of times, usually multiple times daily, amplifying discontent over Delaware corporate law while celebrating companies that choose to leave the state. Leave Delaware channeled the online rage against Delaware’s incorporation industry (and its supposed mistreatment of Musk) and built an online audience that now numbers in the tens of thousands.

“JUST IN: Coinbase Global Inc (NASDAQ: COIN), with a $82B Market Cap, has decided to officially LEAVE DELAWARE for Texas,” the Leave Delaware X/Twitter account posted in November. “One of the biggest companies in crypto history just turned its back on the old system. The DEXIT movement is in full swing.”

The account’s personality and posting style appear designed to cater to Musk, apparently to great success, as he replies to and retweets Leave Delaware posts somewhat regularly. In November 2025, when Leave Delaware posted about a report on excessive attorney fees showing “just how far Delaware’s Chancery attorney fee awards outpace the norm,” Musk replied, “Wow.”

That interaction was retweeted by a young tech worker based out of Hoboken named Jacob Giacona, who is apparently one of an unknown number of people who are apparently the brains behind Leave Delaware, according to an investigation by Delaware Call.

Using archived versions of the Leave Delaware website, Delaware Call examined the site’s code line-by-line looking for any clues about who built it. Although authorship of the website is currently attributed to a “Team” account, an archived version of the website attributed authorship to user “jakeg”.

The author page for that user account is still active on the Leave Delaware website and includes a link to the email address “[email protected]” — which corresponds to an email belonging to Jacob Giacona, according to the Par5.io website. Giacona is described as the “Vice President of Operations,” but his LinkedIn account indicates that he now works for another firm.

Neither Leave Delaware nor Giacona responded to email and phone requests for comment. Giacona made his X/Twitter profile private shortly after one of those requests, but there wasn’t much except retweets of Musk and Leave Delaware. According to his LinkedIn profile, Giacona is likely in his 20s, having graduated from college in 2023.

It is yet unclear if Giacona is part of a larger team managing Leave Delaware’s online presence, but one thing is certain: This is the first time in recent memory that an out-of-state organization has left Delaware’s political establishment rattled. The daily updates on Musk’s social media platform, X, are now reaching an audience of more than 35,600 followers, and many thousands more see posts that are retweeted by Musk or other tech moguls, like Silicon Valley venture capitalist Bill Gurley.

Aside from the website and social media accounts, Delaware Call was unable to find any records indicating Leave Delaware is a registered business or nonprofit organization. There’s no record of Leave Delaware (or a similarly named organization) in the IRS nonprofit database, nor were we able to find a business registration. The website appears to solicit contributions and asks supporters to get involved, but it’s unclear what exactly Leave Delaware does aside from posting on social media — to great fanfare from Musk and his followers.

So at the moment, it would appear the Leave Delaware movement is little more than a social media account and website, which were apparently created by a twenty-something tech worker sympathetic to the plights of the richest man in the world. Go figure.