On paper, Larry Page’s latest aviation bet now lives in Texas. In practice, the labs and jobs are still very much rooted in Palo Alto.
Dynatomics, an AI-focused aviation startup backed by the Google co-founder, has shifted its legal headquarters to Texas while keeping its engineering work in the Bay Area. Recent filings list a Keller, Texas address for the company, even as its team continues to hire and operate around Palo Alto. For local engineers and suppliers, that split signals that the jobs and lab work are likely to stay put even if the corporate paperwork heads elsewhere. It looks less like a mass exodus and more like a strategic tax-and-legal re-domiciling.
Paperwork Shows the Texas Switch
According to San Francisco Business Times, Page filed paperwork on Dec. 30, 2025, to convert Dynatomics LLC and designate a Keller, Texas address as the company’s principal place of business. The documents indicate a legal conversion of the entity rather than a splashy announcement of an office move. San Francisco Business Times places the Dynatomics filing in a batch linked to Page’s family office and related entities. On the official record, at least, the startup’s legal home base has shifted to Texas.
Team Still Working Out of Palo Alto
Reporting by Business Insider shows Dynatomics was formed in 2023 and is run out of Palo Alto by former Kittyhawk engineer Chris Anderson. That earlier coverage described the company’s focus as applying AI and additive manufacturing to aircraft production, drawing on a team that includes former Kittyhawk staff and Stanford-trained engineers. Sources cited in that reporting said much of the hands-on engineering and research remains in the region, which lines up with ongoing local permits and hiring activity. In other words, the brains and the benches are still in Palo Alto, even if the mailing address is not.
Wealth Tax Timing Helps Explain the Move
The timing of the paperwork is not happening in a vacuum. It landed as tech leaders debated a proposed California “billionaire” wealth tax that, according to The New York Times, has already pushed some founders to restructure assets and rethink where they officially live. Tax experts cited in that coverage say shifting LLC registrations and buying property in other states are among the tactics used to reduce exposure if the ballot measure passes and is applied retroactively. That helps explain why multiple conversions appeared near the end of December 2025, while operational teams, including Dynatomics’, stayed where the talent and facilities already are.
What This Means for the Bay Area
According to the San Francisco Business Times, Dynatomics is still expanding operations in Palo Alto despite the legal conversion, with ongoing hiring and active facilities. That lines up with Business Insider coverage of the company bringing in former Kittyhawk engineers and working with research groups on additive manufacturing. For local suppliers and technical talent, the near-term read is straightforward: continued demand for advanced manufacturing and AI engineering skills. For city officials, the Bay Area still gets the economic activity tied to labs and studios, even if some corporate filings now point to Texas.
Legal and Tax Implications
Changing where an LLC is registered does not automatically change where an individual owes taxes. California looks at a range of ties, including where a person lives, votes and runs businesses, The New York Times reports. Financial outlets and tax analysts told Fortune that wealthy individuals have used real estate purchases and corporate reorganizations to alter tax exposure, although such strategies can invite scrutiny from state tax agencies. For Dynatomics, that practical split between a Texas legal domicile and a Bay Area operating base is what will matter most to employees, local vendors and city revenue planners.
Business Insider noted that neither Page nor Dynatomics leadership responded to requests for comment, and the company’s public profile remains deliberately minimal. For now, Bay Area engineers and suppliers are seeing continued local hiring and lab work despite the corporate re-domiciling. If state-level tax rules tighten, observers should expect more “paper” headquarters moves from deep-pocketed founders, even as the region continues to supply the specialized talent those companies rely on.
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