Image of Delaware

Delaware

Location

A state traditionally favored for corporate incorporation, now facing scrutiny for 'judicial activism' after a judge voided Elon Musk's pay package, prompting companies like Tesla to move their incorporation elsewhere.


First Mentioned

10/12/2025, 5:23:16 AM

Last Updated

10/12/2025, 5:25:34 AM

Research Retrieved

10/12/2025, 5:25:34 AM

Summary

Delaware, known as "The First State," is a U.S. state located in the Mid-Atlantic and South Atlantic regions, distinguished by its small size, rich history, and significant role as a corporate haven. Bordering Maryland, Pennsylvania, New Jersey, and the Atlantic Ocean, Delaware was first colonized by Dutch traders in 1631 and holds the historical distinction of being the first state to ratify the U.S. Constitution on December 7, 1787. Its capital is Dover and its most populous city is Wilmington. Since the early 20th century, Delaware's appealing corporate laws have made it the preferred state of incorporation for over half of all New York Stock Exchange-listed companies and over three-fifths of Fortune 500 corporations. However, recent developments, such as Tesla shareholders' vote to move the company's incorporation from Delaware to Texas, highlight ongoing discussions and potential shifts in the corporate landscape regarding the state's legal environment.

Referenced in 1 Document
Research Data
Extracted Attributes
  • Region

    Mid-Atlantic, South Atlantic (United States)

  • Capital

    Dover

  • Counties

    New Castle, Kent, Sussex

  • Nickname

    Blue Hen State

  • Land Area

    1,982 square miles (5,130 km2)

  • Sales Tax

    None

  • State Bird

    Blue Hen

  • Total Area

    2,489 square miles (6,450 km2)

  • Named After

    Thomas West, 3rd Baron De La Warr

  • State Motto

    Liberty and Independence

  • State Fossil

    Belemnite

  • Economic Role

    Onshore corporate haven

  • Highest Point

    442 feet above sea level

  • Official Name

    Delaware

  • Population Rank

    6th least populous U.S. state

  • Average Elevation

    60 feet above sea level

  • Most Populous City

    Wilmington

  • Number of Counties

    3

  • Size Rank (Total Area)

    2nd smallest U.S. state

  • Population Density Rank

    6th most densely populated U.S. state

  • Population Density (2022)

    Approximately 522.6 persons per square mile

  • Percentage of Fortune 500 companies incorporated

    Over 60%

  • Percentage of NYSE-listed companies incorporated

    Over 50%

  • Percentage of U.S. companies that went public in 2021 incorporated

    Over 90%

Timeline
  • Delaware River and Bay were named after Thomas West, 3rd Baron De La Warr. (Source: web_search_results)

    1610

  • First colonized by Dutch traders at Zwaanendael, near present-day Lewes. (Source: Wikipedia)

    1631

  • The Delaware Assembly formally adopted a resolution declaring an end to Delaware's status as a colony of Great Britain and establishing the three counties as an independent state. (Source: web_search_results)

    1776-06-15

  • Delaware became the first state to ratify the Constitution of the United States, earning it the nickname 'The First State'. (Source: Wikipedia)

    1787-12-07

  • Delaware became an onshore corporate haven due to its appealing corporate laws. (Source: Wikipedia)

    Early 1900s

  • President Barack Obama and Vice President Joe Biden dedicated Delaware's First State National Monument. (Source: web_search_results)

    2013

  • Over 90% of all U.S. based companies that went public incorporated themselves in Delaware. (Source: Wikipedia)

    2021

  • Tesla shareholders voted to re-approve Elon Musk's pay package and approved moving Tesla's incorporation from Delaware to Texas, following a Delaware judge's decision to void the original 2018 agreement. (Source: related_documents)

    2024

Delaware

Delaware ( DEL-ə-wair) is a state in the Mid-Atlantic and South Atlantic regions of the United States. It borders Maryland to its south and west, Pennsylvania to its north, New Jersey to its northeast, and the Atlantic Ocean to its east. The state's name derives from the adjacent Delaware Bay, which in turn was named after Thomas West, 3rd Baron De La Warr, an English nobleman and the Colony of Virginia's first colonial-era governor. Delaware occupies the northeastern portion of the Delmarva Peninsula, and some islands and territory within the Delaware River. It is the second-smallest and sixth-least populous state, but also the sixth-most densely populated. Delaware's most populous city is Wilmington, and the state's capital is Dover, the second-most populous city in Delaware. The state is divided into three counties, the fewest number of counties of any of the 50 U.S. states; from north to south, the three counties are: New Castle County, Kent County, and Sussex County. The southern two counties, Kent and Sussex, have historically been predominantly agrarian economies. New Castle is more urbanized and is considered part of the Philadelphia metropolitan area. Delaware is considered part of the Southern United States by the U.S. Census Bureau, but the state's geography, culture, and history are a hybrid of the Mid-Atlantic, Northeastern, and Southern regions of the country. Before the Delaware coastline was explored and developed by Europeans in the 17th century, the state was inhabited by several Native American tribes, including the Lenape in the north and Nanticoke in the south. The state was first colonized by Dutch traders at Zwaanendael, near present-day Lewes, Delaware, in 1631. Delaware was one of the Thirteen Colonies that participated in the American Revolution against Great Britain, which established the United States as an independent nation. On December 7, 1787, Delaware was the first state to ratify the Constitution of the United States, earning it the nickname "The First State". Since the turn of the 20th century, Delaware has become an onshore corporate haven whose corporate laws are deemed appealing to corporations; over half of all New York Stock Exchange-listed corporations and over three-fifths of the Fortune 500 are legally incorporated in Delaware. Over 90% of all U.S. based companies that went public in 2021 incorporated themselves in Delaware.

Web Search Results
  • Delaware - Wikipedia

    Delaware (/ˈdɛləwɛər/ ⓘ DEL-ə-wair) is a state in the Mid-Atlantic "Mid-Atlantic (United States)") and South Atlantic regions of the United States. It borders Maryland to its south and west, Pennsylvania to its north, New Jersey to its northeast, and the Atlantic Ocean to its east. The state's name derives from the adjacent Delaware Bay, which in turn was named after Thomas West, 3rd Baron De La Warr, an English nobleman and the Colony of Virginia's first colonial-era governor. [...] Delaware occupies the northeastern portion of the Delmarva Peninsula, and some islands and territory within the Delaware River. It is the second-smallest and sixth-least populous state, but also the sixth-most densely populated. Delaware's most populous city is Wilmington, and the state's capital is Dover, the second-most populous city in Delaware. The state is divided into three counties, the fewest number of counties of any of the 50 U.S. states; from north to south, the three counties are: [...] Delaware is 96 miles (154 km) long and ranges from 9 to 35 miles (14 to 56 km) across, with a land area of 1,982 square miles (5,130 km2) and a total area of 2,489 square miles (6,450 km2), making it the second-smallest state by either metric in the United States after Rhode Island. Delaware is bounded to the north by Pennsylvania; to the east by the Delaware River, Delaware Bay, New Jersey, and the Atlantic Ocean; and to the west and south by Maryland. Small portions of Delaware are also

  • Delaware | Flag, Facts, History, Maps, & Points of Interest | Britannica

    Delaware, constituent state of the United States of America. The first of the original 13 states to ratify the federal Constitution, it occupies a small niche in the Boston–Washington, D.C., urban corridor along the Middle Atlantic seaboard. It ranks 49th among the 50 U.S. states in terms of total area and is one of the most densely populated. The state is organized into three counties—from north to south, New Castle, Kent, and Sussex—all established by 1682. Its population, like its industry, [...] is concentrated in the north, around Wilmington, where the major coastal highways and railways pass through from Pennsylvania and New Jersey on the north and east into Maryland on the south and west. The rest of the state comprises the northeastern corner of the Delmarva Peninsula, which Delaware shares with Maryland and Virginia (hence its name). Most state government operations are located in Dover, the capital. [...] Delaware, located mainly within the Atlantic Coastal Plain, is second only to Florida for having the lowest average elevation. A long sand beach forms the state’s oceanfront, stretching from the border with Maryland, at Fenwick Island, north to Cape Henlopen, at the mouth of Delaware Bay. Only one major break, Indian River Inlet, occurs along the 23-mile (37-km) length of the beach. Much of the beach is a low bar between the ocean and a series of lagoons or shallow bays, but at Bethany Beach,

  • Interesting Facts About Delaware | Harvard Business Services

    Delaware is the second smallest state, with a land area of 1,948 sq. miles. (Rhode Island is the smallest.) Delaware is the least populated state in America. With an average altitude of 60 ft. above sea level, Delaware is the lowest state. Ninety-five miles long and between nine and thirty-five miles wide, Delaware’s highest point, is near the Pennsylvania line, and only 442 ft. above sea level. 67.8% of Fortune 500 companies are Delaware entities. [...] Neighboring states know Delaware as the “Home of Tax Free Shopping,” and it is one of only five states without sales tax. Other states without sales tax are Alaska, Oregon, Montana and New Hampshire. Delaware’s official state name is “The First State.” The first of the thirteen original colonies to ratify the Constitution in 1787, Delaware is given the first position in congressional votes and national events, such as Presidential Inaugurations. [...] With only three counties, Delaware has the fewest number of any state. Delaware’s state bird is the Blue Hen, and it is sometimes called the “Blue Hen State.” For over a century, the state’s economic and industrial development was closely tied to the DuPont family, founders of one of the world’s largest chemical companies and the parent company of General Motors Corporation from 1933 until the 1950s.

  • 10 Things to Know About Delaware - U.S. News & World Report

    7. Stretching 96 miles long and 39 miles wide, Delaware is the second-smallest state by land area. It also has the fewest number of counties in any state: three (Castle, Kent and Sussex). [...] 5. The state's name originates from the Delaware River and Bay, which were named in 1610 after Englishman Thomas West, the 12th baron De La Warr, who served as the first governor of the English colony at Jamestown, Virginia. 6. The largest population of horseshoe crabs in the world resides in the Delaware Bay, according to the National Oceanic and Atmospheric Administration. The creatures predate dinosaurs by more than 200 million years. [...] 8. Delaware was the last state to gain a national monument or park. In 2013, President Barack Obama and Vice President Joe Biden dedicated Delaware's First State National Monument. It includes several sites, such as Dover Green, where Delaware ratified the Constitution. The monument's largest element is 1,100 acres of preserved land located between Wilmington, Delaware, and Philadelphia.

  • Facts & Symbols - Guides to Services - State of Delaware

    On the Eastern Seaboard of the United States, Delaware is bordered by the Atlantic Ocean and Delaware Bay, as well as by the states of New Jersey, Pennsylvania and Maryland. Delaware's location affords easy access to the major metropolitan areas of the Northeast. Washington, D.C., Philadelphia, and Baltimore are all within a 2-hour drive. Delaware Code Title 29 ### Government #### Statehood ##### December 7, 1787 #### State Motto ##### "Liberty and Independence" #### State Nickname [...] Delaware became a state on June 15, 1776, when the Delaware Assembly formally adopted a resolution declaring an end to Delaware’s status as a colony of Great Britain and establishing the three counties as an independent state under the authority of “the Government of the Counties of New Castle, Kent and Sussex Upon Delaware.” After the signing of the Declaration of Independence on July 4, 1776, the Delaware Assembly called a special constitutional convention, which assembled at New Castle on [...] With an estimated population of approximately 522.6 persons per square mile, as of 2022 U.S. Census Bureau reporting, Delaware is among the top 9 states with highest population density per square mile.Source: U.S. Census Data For additional information population and census information visit: U.S. Census Bureau Office of State Planning Coordination Office of Occupational and Labor Market Information ### Geology State Fossil: Belemnite

Delaware (/ˈdɛləwɛər/ DEL-ə-wair) is a state in the Mid-Atlantic region of the United States, bordering Maryland to its south and west; Pennsylvania to its north; and New Jersey and the Atlantic Ocean to its east. The state takes its name from the adjacent Delaware Bay, in turn named after Thomas West, 3rd Baron De La Warr, an English nobleman and Virginia's first colonial governor. Delaware occupies the northeastern portion of the Delmarva Peninsula and some islands and territory within the Delaware River. It is the second-smallest and sixth-least populous state, but also the sixth-most densely populated. Delaware's largest city is Wilmington, while the state capital is Dover, the second-largest city in the state. The state is divided into three counties, having the lowest number of counties of any state; from north to south, they are New Castle County, Kent County, and Sussex County. While the southern two counties have historically been predominantly agricultural, New Castle is more urbanized, being part of the Delaware Valley Metropolitan Statistical Area centered on Philadelphia. Although included in the Southern United States by the Census Bureau, Delaware's geography, culture, and history combine elements of the Mid-Atlantic and Northeastern regions of the country. Before its coastline was explored by Europeans in the 16th century, Delaware was inhabited by several groups of Native Americans, including the Lenape in the north and Nanticoke in the south. It was initially colonized by Dutch traders at Zwaanendael, near the present town of Lewes, in 1631. Delaware was one of the Thirteen Colonies that took part in the American Revolution. On December 7, 1787, Delaware became the first state to ratify the Constitution of the United States, and has since been known as The First State. Since the turn of the 20th century, Delaware is also a de facto onshore corporate haven, in which by virtue of its corporate laws, the state is the domicile of over half of all NYSE-listed business and over three-fifths of the Fortune 500.

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Location Data

Delaware, United States

administrative

Coordinates: 38.6920451, -75.4013315

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