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The largest self-storage company in the world just announced it's moving its headquarters from California to Dallas-Fort Worth, Texas. Public Storage — an S&P 500 company with 3,500+ properties across 40 states — was founded in California in 1972. Now, after more than 50 years, it's done the math and chosen Texas. In this video, we break down why this move matters far beyond a single corporate relocation, what it signals about California's business climate, and what state officials' response tells us about the road ahead. 🔍 What We Cover: ✅ Why Public Storage chose Texas over California ✅ California's 13.3% top income tax rate vs. Texas's zero ✅ The growing list of companies fleeing California (Oracle, Tesla, Schwab, HPE & more) ✅ How headquarters moves quietly devastate local economies ✅ Why California's strongest arguments may not be enough ✅ What this means for the next generation of California-founded companies 📌 California's business exodus is accelerating — and Public Storage may be the clearest signal yet. 🔔 Subscribe for weekly breakdowns of the business stories shaping America's economy. #businessnews #taxes #gavinnewsom