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Travis Kalanick Moves to Texas Amid Wealth Tax Exodus

3/16/2026

Summary

Story summary

Travis Kalanick, Uber co-founder, relocated from California to Austin, Texas on December 18, 2025.
The move came ahead of a proposed California wealth tax with a retroactive residency deadline and a 5% charge on billionaires.
Kalanick’s departure follows other wealthy individuals leaving California for Texas and Florida.
He plans to launch Atoms, focusing on industrial robotics and artificial intelligence, distancing himself from the 'perception politics' tied to Uber’s 2017 exit.

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Story summary

Travis Kalanick, Uber co-founder, relocated from California to Austin, Texas on December 18, 2025.
The move came ahead of a proposed California wealth tax with a retroactive residency deadline and a 5% charge on billionaires.
Kalanick’s departure follows other wealthy individuals leaving California for Texas and Florida.
He plans to launch Atoms, focusing on industrial robotics and artificial intelligence, distancing himself from the 'perception politics' tied to Uber’s 2017 exit.