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- MRT 5/4-6/26 (free): Dell Reincorporates in TX // SpaceX Plans $55B TeraFab in Grimes County // Patrick Endorses Middleton // CC to Pursue Private DeSal Plant?
MRT 5/4-6/26 (free): Dell Reincorporates in TX // SpaceX Plans $55B TeraFab in Grimes County // Patrick Endorses Middleton // CC to Pursue Private DeSal Plant?
Here's What You Need to Know in Texas Today.

MONDAY 5/4/2026 - WEDNESDAY 5/6/2026
Good Wednesday mroning.
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TOP NEWS
“Round Rock’s Dell Technologies plans to reincorporate in Texas” via Austin American-Statesman’s Karoline Leonard – The Round Rock-based technology giant’s board unanimously approved the move to its home state and shareholders will vote on the proposal at the company’s annual meeting in June, according to a company announcement.
“From my dorm room at the University of Texas in 1984 to our headquarters today in Round Rock, Texas has given Dell what every great company needs to grow - extraordinary talent, world-class research universities, and a business environment that lets us build for the long term,” CEO and board chairman Michael Dell said. “Texas is where Dell has innovated, expanded, and invested for more than four decades, and bringing our legal home to Texas reflects what we’ve been building here all along.”
The company has been headquartered in the Austin suburb since 1994, a decade after Dell founded the firm. Dell employs 97,000 worldwide as of Jan. 30, including about 7,400 people in Round Rock.
Dell has ramped up investment in Texas in recent months, renovating parts of its Round Rock headquarters as its chief executive pledged more than $750 million to build a University of Texas medical center focused on artificial intelligence.
Amid an ongoing AI boom, Dell reported $5.94 billion in profit last year, up 30% from the prior year, on $113.54 billion in revenue.
The move comes as Texas positions itself to compete with Delaware for corporate incorporations. Delaware has long been the preferred state for companies and startups because of its business-friendly legal system. As of last year, more than 60% of Fortune 500 companies were incorporated there. (AAS)
“SpaceX files plan for $55 billion Terafab chip facility in Texas” via Reuters – Elon Musk’s SpaceX, in a joint project with Tesla, has proposed investing $55 billion to build a semiconductor manufacturing facility, called Terafab, in Texas, according to a filing made public on Wednesday.
The billionaire has been seeking to secure in-house access to advanced chips, though analysts have said the scale of capacity he has outlined would likely require far greater investment.
SpaceX is targeting a June IPO that could value the company at around $1.75 trillion.
The project would involve a multi-phase chip fabrication and advanced computing complex designed to boost domestic semiconductor production capacity in the United States. (Reuters)
“Corpus Christi to begin talks on privately built desalinization plant” via The Texas Tribune‘s Colleen DeGuzman – Seven months after axing their own seawater desalination plant project — and five months from when a water crisis is expected to surface — Corpus Christi City Council voted 6-2 Tuesday to begin preliminary talks with a new company to build a desalination facility for the Coastal Bend area.
AXE H20, a 2-month-old private company based in Houston, is seeking to build a plant that could produce 150 million gallons of drinking water a day. According to a presentation Tuesday, the city could pay $6.50 per 1,000 gallons — about 30% cheaper than a controversial plan to revive a city-built desalination plant known as the Inner Harbor Project.
John Olson, the company’s chairman, said using natural gas rather than electricity enables it to offer a cheaper rate than other proposals. He said the company would need two years to build the facility.
“It involves no public funds, no debt, no bond rating issues,” he told council members. “No taxpayer risks, no operating expenses. This is absolutely a private venture.” (TX TRIB)
“Texas ranks among worst for health care disparities” via Austin American-Statesman‘s Nicole Villalpando – Medical assistant Sarai Vences takes the blood pressure of patient Eloy Herrera at the Central Health East Austin Specialty Clinic. Having access to both specialty care and primary care can improve health outcomes. Central Health’s Medical Access Program provides a health insurance-like program for people who make less than 200% of the federal poverty level.
How equitable is Texas’ health care system? Turns out, not very. That’s true across the United States with people who are Hispanic or Black having less access to care and worse health outcomes, according to a new report from the Commonwealth Fund. The fund is a nonprofit that supports independent research into creating a better healthcare system.
For Texas, though, the disparities show up in greater amounts because of the number of people who are uninsured. “There are opportunities to do better,” said David Radley, a researcher with the fund, of Texas’ situation. “Having health insurance is the first step to making sure that people can get access to primary care.”
Equity should be a concern for everyone, said Dr. Laurie Zephyrin, the senior vice president at Commonwealth Fund and an obstetrician-gynecologist. “Disproportionate access doesn’t just affect people who are marginalized,” she said. (AAS)
“How an Alleged Child Predator Remade the Nation’s Second-Largest Faith Group in His Image” via Texas Monthly‘s Robert Downen – Paul Pressler helped ordain the marriage between white evangelicals and the Republican Party, all while accusations of sexual abuse piled up. Right-wing groups are still using his political playbook.
Duane Rollins needed to be careful. The winding drive through Houston’s tony West Oaks neighborhood took only a few minutes. But he could easily draw suspicion from constables patrolling the sprawling lawns and manors of the city’s elite. One swerve or rolled stop could foil his vengeance plan. They’d pull him over, smell the booze on his breath, and unearth the vodka bottle and pistol shoved under his seat. And then he would go straight back to prison.
It was 2016, months since Rollins had last been released and plunged back into the addictions that had kept him behind bars for much of his adult life. He’d turned fifty in a cell and always expected he’d return. This time, he’d have something to show for it.
Though it was late, surely Paul Pressler would welcome him. Rollins had been a standout in Pressler’s church youth group, earning special visits from the Southern Baptist icon, Republican kingmaker, and prominent judge. They’d traveled the world together in between Rollins’s arrests. He was Pressler’s “dear brother” and longtime assistant, tasked with writing his letters, running his errands, and safeguarding a secret that could destroy his pious legacy. No more. Squinting and weaving past immaculate mansions, he imagined how it would feel to press the pistol against Pressler’s bug-eye spectacles. To demand answers—to free himself. (TX MONTHLY)
“1 dead, several injured in mass shooting in Pflugerville” via KVUE — One person was killed and at least four were injured in a deadly shooting early Wednesday morning at a restaurant in Pflugerville.
According to the Austin Police Department (APD), the shooting happened sometime before 2 a.m. inside Down South CaJJun Eats along the 15400 block of FM 1825, near Vision Drive and Pecan Street. Police say the incident ended in the parking lot.
In a media briefing Wednesday morning, Austin police said the victim killed is a man in his 20s. His identity has not been shared with the public at this time. Police say four others have been taken to a hospital with non life-threatening injuries. It’s unclear exactly what led up to this incident.
APD said several suspects were detained at an apartment complex on East Howard Lane in northeast Austin. Law enforcement did not specify the exact number of suspects. (KVUE)
2026
“Dan Patrick backs Mayes Middleton for Texas attorney general” via The Texas Tribune‘s Alejandro Serrano – Dan Patrick on Tuesday threw his support behind state Sen. Mayes Middleton in the GOP primary for Texas attorney general, giving the Galveston Republican a boost in the final weeks of his May 26 runoff against U.S. Rep. Chip Roy.
Patrick also endorsed Railroad Commissioner Jim Wright in his contest against Bo French, the GOP activist and energy investor whose controversial comments have drawn Patrick’s past ire.
In a pair of social media posts, the lieutenant governor said Middleton had “established a record as one of the most conservative senators in Texas history” and that Wright had the experience needed to guide the agency that regulates the oil and gas industry, amid high gas prices and a rocky energy market.
The endorsements from the state’s second-highest elected official came several hours after a new statewide poll found Middleton leading Roy by nine points among likely voters. The Galveston lawmaker has served in the Senate under Patrick, the chamber’s presiding officer, since 2023. (TX TRIB)
“Can Ken Paxton Win a Senate Primary in Texas Without His Biggest Donors?” via The New York Times‘s Lauren McGaughy – Ken Paxton, the firebrand Texas attorney general, said last year that he thought he would need about $20 million to unseat Senator John Cornyn.
So far, Mr. Paxton is far short of his mark.
Many of the wealthy donors who bankrolled his political career in Texas have decided to watch from the sidelines during the U.S. Senate race, according to an analysis of state and federal campaign finance data by The New York Times.
Several businessmen who spent millions on Mr. Paxton’s campaigns for state attorney general have not given to either his Senate campaign or a political action committee backing his run, including a former top donor who gave far more to Mr. Cornyn. (The New York Times)
“Allred, Johnson on collision course in District 33 runoff after shared path” via Dallas Morning News‘ Gromer Jeffers Jr. – Colin Allred and Julie Johnson have followed the same path through North Texas politics. Now they’re on a collision course.
Allred flipped Texas’ 32nd Congressional District in 2018 and held it for three terms. Johnson took over after he gave it up for a Senate bid that fell short.
That handoff has turned into a head-to-head contest, with Allred of Dallas and Johnson of Farmers Branch facing off in the May 26 runoff for the newly revised District 33.
Allred led the first round with 44% to Johnson’s 33% in a four-candidate field. (DMN)
“Democrats Home In on South Texas as Bobby Pulido Added to National ‘Red to Blue’ Program” via The Texan‘s Mary Elise O’Grady – With South Texas being the home to several congressional districts coveted by both parties, the Democratic Congressional Campaign Committee (DCCC) announced the addition of Congressional District (CD) 15 candidate Bobby Pulido to their “Red to Blue” program, among others.
Pulido, a Latin singer and Latin Grammy winner, is preparing to face off against incumbent Congresswoman Monica De La Cruz (R-TX-15), who has held the seat since 2023 after flipping the district — a South Texas territory that encircles McAllen and stretches northward to flank the right side of San Antonio — from blue to red. (THE TEXAN)
STATE GOVERNMENT
“Civil rights groups sue to stop Texas immigration law” via The Texas Tribune‘s Alejandro Serrano – A group of civil rights organizations on Monday filed a new lawsuit seeking to stop parts of the law that would let Texas police arrest people suspected of illegally crossing the U.S.-Mexico border.
The law can go into effect next week after a federal appeals court lifted a lower court ruling that had kept it paused for years.
Senate Bill 4, as the law is known, created a state-level crime for entering the country without authorization and created pathways for state authorities to remove such people from the country if convicted.
Courts have long held that immigration enforcement is the sole responsibility of the federal government, but with the state law, Texas Republicans sought to challenge that precedent. (TX TRIB)
“Is your Texas school district at risk of a state takeover? Explore our tracker.” via San Antonio Express-News‘s Ashley Soebroto – After decades of infighting among South San Antonio Independent School District’s elected officials, the Texas Education Agency last year took over the public school system with just over 7,000 students. The state currently has a hand in daily operations at South San Antonio ISD and several other Texas school districts.
Many of these state interventions are for academic reasons. When a public school campus scores five consecutive failing letter grades from the state, the poor performance may trigger a state takeover of the entire district. That could mean the state replaces the district superintendent and elected board members with new leadership. Campus grades are largely based on State of Texas Assessments of Academic Readiness, or STAAR, exam results.
Last year, the state announced it would take over four more school districts, including Fort Worth ISD. Here are the public school districts under TEA management or at risk of takeover.
In December, Education Commissioner Mike Morath announced that he would install a superintendent, conservator and board of managers to oversee the district about 90 miles east of Houston. The takeover was triggered by two schools — Martin Luther King, Jr. Middle School and Fehl-Price Elementary — receiving five straight failing grades. (SAEN)
LOCAL GOVERNMENT
“Houston Texans, Rodeo commit to Harris County for stadium plans, Cal McNair says” via Houston Chronicle‘s Jonathan M. Alexander – The Texans and the rodeo say that they want to make things work in Harris County with either stadium renovation or a new stadium at Reliant Park. Team owner Cal McNair said the Houston Texans and the Houston Livestock Show and Rodeo have decided to make things work in Harris County.
Team president Mike Tomon said the Texans have not ruled out building a new stadium within the park but are focusing on renovating Reliant Stadium, which is said to be significantly behind on needed maintenance.
“What we’ve talked to the Rodeo (about) is we’re going to make it work, and so we’ll figure out a way to make it work and have everybody a winner in this thing,” McNair said Monday at the team’s annual charity golf event, which raised more than $565,000.
In February 2025, the Texans began negotiating a new lease with Harris County and the Rodeo. The current lease expires in 2032. At the time, the Texans said they wanted to remain in the greater Houston area but not necessarily in Harris County. (HOU CHRON)
“Three-point seat belt law could cost Texas schools millions” via San Antonio Report‘s Xochilt Garcia – Local school districts say it’s not “financially feasible” to install three-point seat belts on all school buses, even though the state expects them to by the 2029-30 school year.
“This is a classic, classic unfunded mandate,” said John Craft, superintendent for Northside Independent School District. “If there is such a thing, this is textbook definition.”
Passed last year, Senate Bill 546 builds on school bus safety requirements by requiring that all buses have three-point seat belts, regardless of the year they were made. Before that, only buses made after 2018 were required to have the safety belts.
Currently, districts have bus fleets with a patchwork of seat belt types, operating buses with three-point belts, two-point belts and some with no seat belts. (SA REPORT)
“Airbnb, Vrbo rules help Austin rein in STRs” via Austin American-Statesman‘s Kiah Collier – Austin officials say a sweeping overhaul of the city’s short-term rental regulations is beginning to show results, with higher compliance and a surge in hotel occupancy tax revenue as new enforcement tools come online.
In a recent memo to the mayor and City Council, Austin Development Services Director Keith Mars said recent changes to the city’s short-term rental, or STR, program are improving oversight and bringing more operators into compliance.
The update follows City Council’s September 2025 vote to tighten STR rules after years of legal setbacks and uneven enforcement. At the time, city leaders described the issue as “thorny and difficult,” noting lawsuits had weakened earlier regulations and made it difficult to track or penalize illegal rentals. The new ordinance, paired with some other changes, shifted the city to a business-licensing model and, for the first time, imposed requirements on platforms like Airbnb and Vrbo.
Those rules require platforms to display license numbers, remove unlicensed listings and collect hotel occupancy taxes on behalf of hosts — changes aimed at addressing widespread noncompliance. City data last year showed about 94% of complaints involved unlicensed rentals. (AAS)
“McCombs’ partners sue over downtown San Antonio property deal, say they were cut out” via San Antonio Express-News‘s Patrick Danner – A lawsuit against companies tied to the McCombs family alleges minority co-owners were excluded from a multimillion-dollar lease deal involving a downtown San Antonio property and the city.
The property, a former Holiday Inn at 318 W. César E. Chávez Blvd., was first used by the city early in the pandemic under a temporary agreement and later subleased for longer-term use as a homeless shelter. SAMMinistries operates the shelter.
The plaintiffs — three siblings who hold a minority stake in the property — allege the sublease and a later transfer of control were carried out without their consent.
Siblings Brant Oser Miller, Jay Robert Miller and Robin Nancy Miller Holbrook filed the lawsuit, seeking more than $5 million in damages and a forced sale of the property. (SAEN)
“Austin ISD proposes larger class sizes, cuts to teacher planning time” via KUT – A highly anticipated summary of cuts from Austin Independent School District leaders on Tuesday provided few new details about classroom changes next year as the district grapples with a yawning budget deficit.
Campus-level changes are set to phase in over the next two school years, the district said in the summary of potential cuts. All Austin ISD schools under a state-mandated improvement plan and those with D or F ratings under the state’s academic accountability system will see little change next year.
Meanwhile, elementary campuses with passing ratings will see an increase in class sizes next year, and teachers at those campuses will move to a single planning period the following year. Teachers of non-foundational courses at middle and high school campuses with passing ratings will be assigned to teach seven of eight periods next year, a change that will expand to include all courses the following year.
In a letter to families and staff, Superintendent Matias Segura suggested there would be layoffs. However, it’s unclear how many educators or other school employees would lose their jobs. Principals and department leads will meet with affected staff by mid-May. Librarian and counselor positions will not be cut, Austin ISD said. However, bilingual and special education stipends will now be tiered depending on position and qualification requirements, according to the proposal. (KUT)
BUSINESS NEWS
“Texas, Nevada Laws Can’t Be Measured Against Delaware Benchmark” via Bloomberg Law News‘s Carliss Chatman – Recent arguments over Nevada corporate law expose a deeper problem in corporate law scholarship that is now shaping how Texas is being evaluated as a corporate jurisdiction. Corporate law, which has for decades been taught and studied with Delaware as the default framework, has treated other jurisdictions largely as variations on that model.
That framing is convenient, but it is also wrong. When Delaware is treated as the default, jurisdictional competition becomes a debate about perception rather than substance.
A group of Nevada officials, practitioners, and academics late last month publicly responded to a draft academic article about their state’s corporate law. They were joined by Nevada Gov. Joe Lombardo (R), Nevada Secretary of State Francisco Aguilar, and more than 20 lawyers and faculty.
Their core claim is straightforward: Widely circulated critiques of Nevada corporate law are based on incomplete analysis, selective use of authority, and in some instances, unsupported quotations. They’re not trying to declare Nevada “better” than Delaware; they’re insisting that investors, advisers, and corporate leaders make decisions based on an accurate account of the law. (Bloomberg Law News)
“AT&T’s multibillion-dollar HQ with ‘mini Reunion Tower’ moves forward” via Dallas Morning News‘s Nick Wooten – Plans for AT&T’s new multibillion-dollar headquarters in Plano — complete with a 280-foot structure that one official called a “mini Reunion Tower” — got key approval from the city’s Planning and Zoning Commission on Monday night.
Commissioners unanimously recommended approval for four items tied to the telecom giant’s new 54-acre campus at 5400 Legacy Drive and adjacent sites. The Plano City Council will get the final say.
Preliminary site plans show there will be 2.3 million square feet of building space. The office campus will also include a daycare center, a pedestrian bridge, ¾ of an acre of public green space, and the tower. The southern half of the site will include parking garages. The tower may not exceed 280 feet.
The tallest building, excluding the tower, will be 8 stories. The 280-foot tower will feature AT&T’s logo and include an enclosed communications antenna. City codes prevent the tower from flashing, strobing or displaying other related light effects between 10 p.m. and 6 a.m. The structure must still be approved by the Federal Aviation Administration, city planners said. (DMN)
“$1.6B North Texas team joins financial giant Wells Fargo” via WFAA‘s Leonardo Rosas (Dallas Business Journal) – A Frisco-based wealth management firm with $1.6 billion in assets under management has joined Wells Fargo Advisors as the financial giant continues to grow its presence in North Texas.
Wells Fargo Advisors, the wealth management arm of San Francisco-based Wells Fargo & Co. announced on May 4 the addition of AGT Private Wealth Advisors. The team, previously affiliated with Swiss financial giant UBS, consists of six financial advisers and eight support staff based in Frisco.
Wells Fargo Advisors has had a presence in Dallas-Fort Worth since 1985, according to the announcement. A spokesperson declined to disclose the firm’s assets under management in DFW.
Chris Gerrish, Mid-America market leader at Wells Fargo Advisors, said the latest additions help strengthen the company’s “growing presence” in North Texas. Gerrish sits in the Wells Fargo Advisors branch office in Frisco and oversees financial advisers across DFW. (WFAA)
“A $27M Austin property just sold for half that — here’s why” via AAS – An Austin developer has acquired the IHOP at 707 E. Cesar Chavez St. following an auction Tuesday at the Travis County Courthouse.
Natin “Nate” Paul’s battle to keep a valuable piece of property on the edge of the high-rise-strewn Rainey Street has ended, as the lot at 707 E. Cesar Chavez was auctioned off Tuesday on the steps of the Travis County Courthouse.
Only three groups competed for the foreclosed property in a slow, low-volume auction that drew more than 100 bids over two hours. Most of the bidding came from Cesar Rainey LLC, which held the defaulted note, and the eventual winner, Austin-based real estate investment firm Travis County Exchange Corp.
The largely undeveloped site, which hosts only an IHOP along Interstate 35, was valued at $27 million by the county appraisal district but sold for just over $12.7 million. (AAS)
QUICK LINKS
HOU CHRON: “Severe weather risk in Texas with new cold front this week: Who could see hail with storms?” HOU CHRON
Texas Border Business: “Texas Man Convicted of Arming Cartels in Large-Scale Firearms Case” Texas Border Business
Fox News: “Texas gunman kills 2, wounds 3 during targeted business meetup: police” Fox News
E&E News by POLITICO: “Spiraling energy costs may tighten Texas governor’s race” E&E News by POLITICO
TX TRIB: “Ken Paxton narrowly leads John Cornyn in new poll of Texas’ Senate GOP runoff” TX TRIB
SA REPORT: “Abysmal turnout, mixed partisan results: Top takeaways from the May 2 election” SA REPORT
HOU CHRON: “Woodlands leader says he’d push e-bike registration if elected to Texas House” HOU CHRON
TX TRIB: “Texas lawmakers repeatedly failed to pass flood protections. Some could have saved lives.” TX TRIB
Fort Worth Report: “State needs $174B to prevent water shortages over 50 years. North Texas’ need adds to cost” Fort Worth Report
MyHighPlains.com: “Texas senators examine how the state handles violent offenders found not guilty by reason of insanity” MyHighPlains.com
KSAT: “What’s next for the Texas hemp industry after court ruling on Delta-8 THC?” KSAT
ODESSA A: “Oil theft ring bust protects critical infrastructure” ODESSA A
Progressive Railroading: “Rail News - Texas-Oklahoma Amtrak route in jeopardy again. For Railroad Career Professionals” Progressive Railroading
FWST: “‘Broken and deeply racist.’ Report criticizes Tarrant Co. in death penalty cases” FWST
FWST: “Fort Worth’s $330K reality: Even those with ‘good jobs’ can’t afford a home” FWST
SAEN: “More than 150 Texas homeowners sue SpaceX, blame it for damaging their property” SAEN
FWST: “Dallas Mavericks owner states plans for new arena” FWST
TX TRIB: “More green, less steel: Laredo proposes alternative border fencing for Rio Grande waterfront” TX TRIB
TX TRIB: “Two killed, three injured in shooting at Carrollton shopping mall” TX TRIB
KXAN: “Austin advocates urge city to pause expansion of homeless encampment sweeps” KXAN
Spectrum News: “Convention business boosts tourism in Houston” Spectrum News
FWST: “New extended trailer for ‘Dutton Ranch’: Beth and Rip find violence in Texas” FWST
EXTRA POINTS
Recent Texas sports scores:
Monday 5/4
> MLB: LA Dodgers 8, Houston 3
> NBA: 6 Minnesota 104, 2 San Antonio 102 (MIN leads 1-0)
Tuesday 5/5
> MLB: New York Yankees 7, Texas 4
> MLB: Houston 2, LA Dodgers 1
Tonight’s Texas sports schedule:
> 1:10pm: MLB: LA Dodgers at Houston
> 6:05pm: MLB: Texas at New York Yankees (Amazon Prime)
> 8:30pm: NBA: 6 Minnesota at 2 San Antonio (ESPN) (MIN leads 1-0)
Tomorrow’s Texas sports schedule:
> 11:35am: MLB: Texas at New York Yankees
TEXAS SPORTS HEADLINES / LINKS



