Why is Texas launching its own stock exchange?

Texas Standard

Finance titans BlackRock and Citadel Securities are teaming with investors to raise $120 million to open the Texas Stock Exchange. The group still has some regulatory hurdles to clear before opening but plans to start listing stocks for sale as early as 2026.
On its fourth try, SpaceX achieved a breakthrough for its Starship rocket with a successful return to earth. But not all those gathered to witness the event from Boca Chica got what they were hoping for. The Standard’s Kristen Cabrera reports.
As more tourists flock to the remote West Texas town of Terlingua, bringing money and development, some locals are concerned the town’s running dry.
And: In the Big Bend-area town of Alpine, recovery efforts are underway after a fire destroyed a historic building in a central part of town.

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