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Travis Kalanick Exits California Amid Wealth-Tax Fears

3/15/2026

Summary

Story summary

Travis Kalanick, Uber co-founder, moved from California to Texas amid wealth-tax concerns, joining other billionaires fleeing the state.
He discussed his relocation to Austin on TPBN while promoting his robotics startup, Atoms.
California lawmakers are pushing a 2026 Billionaire Tax Act that would impose a one-time 5% tax on fortunes over $1 billion.
Kalanick reflected on his tumultuous departure from Uber in 2017, citing personal and professional challenges.

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Story summary

Travis Kalanick, Uber co-founder, moved from California to Texas amid wealth-tax concerns, joining other billionaires fleeing the state.
He discussed his relocation to Austin on TPBN while promoting his robotics startup, Atoms.
California lawmakers are pushing a 2026 Billionaire Tax Act that would impose a one-time 5% tax on fortunes over $1 billion.
Kalanick reflected on his tumultuous departure from Uber in 2017, citing personal and professional challenges.