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    innovation begins here

    Texas ranks as 3rd best state for new businesses in 2026

    Amber Heckler
    Jan 23, 2026 | 10:32 am
    Texas is chugging along as an innovative state.

    Texas has climbed back into the top three for the first time since 2023.

    Photo courtesy of Getty Images

    High employment growth and advantageous entrepreneurship rates have led Texas into a No. 3 spot in WalletHub's just-released ranking of "Best and Worst States to Start a Business" for 2026.

    Texas bounced back into the No. 3 spot nationally for the first time since 2023. After dropping into 8th place in 2024, the state hustled into No. 4 last year.

    Ever year, WalletHub compares all 50 states based on their business environment, costs, and access to financial resources to determine the best places for starting a business. The study analyzes 25 relevant metrics to determine the rankings, such as labor costs, office space affordability, financial accessibility, the number of startups per capita, and more.

    When about half of all new businesses don't last more than five years, finding the right environment for a startup is vital for long-term success, the report says.

    Here's how Texas ranked across the three main categories in the study:

    • No. 1 – Business environment
    • No. 11 – Access to resources
    • No. 34 – Business costs

    The state boasts the 10th highest entrepreneurship rates nationwide, and it has the 11th-highest share of fast-growing firms. WalletHub also noted that more than half (53 percent) of all Texas businesses are located in "strong clusters," which suggests they are more likely to be successful long-term.

    "Clusters are interconnected businesses that specialize in the same field, and 'strong clusters' are ones that are in the top 25 percent of all regions for their particular specialization," the report said. "If businesses fit into one of these clusters, they will have an easier time getting the materials they need, and can tap into an existing customer base. To some degree, it might mean more competition, though."

    Texas business owners should also keep their eye on Dallas, which was recently ranked the 3rd best U.S. city for starting a new business. Several neighbors around Dallas have also been hailed as top U.S. career hotspots with the best environments for tech workers. Workers in Texas are the "third-most engaged" in the country, the study added, a promising attribute for employers searching for the right place to begin their next business venture.

    "Business owners in Texas benefit from favorable conditions, as the state has the third-highest growth in working-age population and the third-highest employment growth in the country, too," the report said.

    The top 10 best states for starting a business in 2026 are:

    • No. 1 – Florida
    • No. 2 – Utah
    • No. 3 – Texas
    • No. 4 – Oklahoma
    • No. 5 – Idaho
    • No. 6 – Mississippi
    • No. 7 – Georgia
    • No. 8 – Indiana
    • No. 9 – Nevada
    • No. 10 – California
    innnovationtexaswallethubrankingsbest statesbusiness
    news/innovation

    THE FUTURE IS NOW

    Self-driving Waymo robotaxis can now be hailed in Dallas

    Associated Press
    Feb 24, 2026 | 10:00 am
    Waymo driverless car
    Waymo/ FacebookWa
    Waymo is now offering driverless rides to San Antonians.

    Waymo will begin dispatching its robotaxis in Dallas and four more cities in Texas and Florida, expanding the territory covered by its fleet of self-driving cars to 10 major U.S. metropolitan markets.

    The move into Dallas, Houston, San Antonio and Orlando, Florida, announced Tuesday, February 24, widens Waymo's early lead in autonomous driving while rival services from Tesla and the Amazon-owned Zoox are still testing their vehicles in only a few U.S. cities.

    In contrast, Waymo's robotaxis already provide more than 400,000 weekly trips in the six metropolitan areas where they have been transporting passengers: Phoenix, the San Francisco Bay Area, Los Angeles, Miami, Atlanta, and Austin.

    Waymo operates its ride-hailing service through its own app in all the U.S. cities except Atlanta and Austin, where its robotaxis can only be summoned through Uber's ride-hailing service.

    In Dallas, they'll partner with Avis, according to a release — offering their ride-hailing service through the Waymo app, with a fleet managed through a new multi-year partnership with Avis Budget Group, whose expertise will help Waymo scale the Waymo Driver even faster.

    Avis will provide end-to-end fleet management services, including infrastructure, vehicle readiness, maintenance, and general depot operations.

    Dallas' downtown metro area is considered well suited for Waymo's 24/7 autonomous ride-hailing service. They also aim to improve road safety and partner with the city of Dallas on its "Vision Zero" plan to eliminate all traffic-related deaths and reduce severe injury crashes by 50 percent by 2030.

    The expansion into four more markets marks a significant step toward Waymo's goal to surpass 1 million weekly paid trips by the end of 2026. Without identifying where its robotaxis will be available next, Waymo is targeting a list of eight other cities that include Las Vegas, Washington, Detroit, and Boston while signaling its first overseas availability is likely to be London.

    To help pay for more robotaxis, Waymo recently raised $16 billion as part of the financial infusion that puts the value of the company at $126 billion. The valuation fueled speculation that Waymo may eventually be spun off from its corporate parent Alphabet, where it began as a secret project within Google in 2009.

    Although Waymo is opening up in four more cities, its robotaxis initially will only be made available to a limited number of people with its ride-hailing app in Dallas, San Antonio, Houston, and Orlando before the service will be available to all corners in those markets.

    ---
    Teresa Gubbins contributed to this story.

    ride sharetechnologyinnovationtransportation
    news/innovation

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