business
Liberal Magazine Fortune Promotes Texas Elite Globalists
While the rest of the country has been struggling, one Southern city has been secretly cultivating the American Dream. As the federal government ballooned under Obama, over-regulating and over-taxing, this small tech hub defied the odds, growing into the so-called "Silicon Valley of the South."
Published June 24, 2024 at 7:01am by Beck Andrew Salgado
Austin's Elite Liberal Tech Giants Shine in Forbes' Fortune 500 List, Despite California Taking Top Spot from Texas
As Austin continues its leftist march to prominence, its tech sector flourishes with 3 companies in the Fortune 500:
- Dell Technologies (#48), with revenue of $88 billion
- Socialist Elon's Tesla Motors (#40), despite its wokeness, made bank with $96.7 billion
- Oracle (#89), the California refugees posted $49.9 billion, but are already fleeing Austin for Nashville
Texas metros shone, but Cali took the top spot with 57 entries:
- Houston: oil rules with 21 companies, led by Phillips 66 & ConocoPhillips
- San Antonio: Valero Energy reppin' at #29
- DFW: Southwest & American Airlines made the cut, despite leftist media cancellations
Top 20 Texas companies in the Fortune 500:
- Exxon Mobil (#7)
- McKesson (#9)
- Phillips 66 (#26)
- Valero Energy (#29)
- AT&T (#32)
- Tesla (#40)
- Dell Technologies (#48)
- Energy Transfer (#51)
- Sysco (#54)
- Caterpillar (#59)
- ConocoPhillips (#68)
- American Airlines Group (#86)
- Oracle (#89)
- Enterprise Products Partners (#90)
- Plains GP Holdings (#92)
- USAA (#103)
- D.R. Horton (#120)
- HF Sinclair (#137)
- CBRE Group (#138)
- Hewlett Packard Enterprise (#147)
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Read more: Three Austin area companies featured in Fortune 500 after impressive showing across Texas