On Wednesday, Gov. Gavin Newsom (D-Calif.) praised apple inc. on its 50th anniversary, highlighting the company’s innovation and resilience as other major corporations continue to leave the state.
On April 1, 2026, Apple celebrated 50 years since Steve Jobs and Steve Wozniak He launched the company from a California garage in 1976.
“For 50 years, @Apple has embodied and exemplified the best of California: ‘thinking differently,’ innovating boldly, and empowering people to not just dream, but do,” Newsom said in unknown.
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He added: “Thanks to innovators like Apple, California is proud to be the world leader in technology and creativity.”
For 50 years, @Apple has embodied and exemplified the best of California: “thinking differently,” boldly innovating, and empowering people to not just dream, but do.
Thanks to innovators like Apple, California is proud to be the world leader in technology and creativity. https://t.co/6Im8623aiq
— Governor Gavin Newsom (@CAgovernor) April 1, 2026
While Apple remains, numerous high-profile companies have moved out over the years due to high operating costs, strict regulations, and business limitations.
Tesla Inc. moved to Austin in 2021, with CEO Elon Musk citing challenges of scale and disputes over pandemic restrictions.
Chevron Corp.With roots in California since the 1870s, it moved to Houston in 2024, pointing to policies that increase costs and create hardships for Californians.
McKesson He left for Texas in 2019 to improve efficiency and collaboration.
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Other notable departures include Oracle Corp., Palantir Technologies, Carlos Schwab, SpaceX and Playboymany of them are seeking more business-friendly environments in Texas, Florida, Tennessee and beyond.
The departures highlight a growing tension between the state’s legacy of innovation and its business climate.
Several high-profile tech figures are reducing their connections to California. Alphabet Inc. co-founder Sergey Brin It is also said to follow in the footsteps of Larry’s Page and other billionaires.
Meanwhile, David Sacoswho served as White House AI and cryptocurrency czar during the presidency donald trump and co-founder of Palantir Peter Thiel We have also established new offices out of state.