Here's your one-stop shop for innovation events in Houston for July. Photo via Getty Images

From networking meetups to educational symposiums, July is chock-full of happenings for Houston innovators.

Here's a roundup of events you won't want want to miss out on so mark your calendars and register accordingly.

Note: This post might be updated to add more events.


July 6 — City of Houston Panel Discussion: Sales

Join the City of Houston’s Office of Business Opportunity and SCORE Houston for a panel discussion designed for City of Houston vendors. This is the perfect opportunity to learn more about doing business with the City of Houston and how SCORE Houston can support you while running your business. During each monthly meeting get your business questions answered by industry and Office of Business Opportunity experts and SCORE Mentors. Gain the information and support you need to provide your products and services as a City of Houston vendor.

This event is Thursday, July 6, from 1 to 2 pm at Houston Community College. Click here to register.

July 7 — UH-DGH Center for Hydrocarbon Exploration Symposium

This informative open house event showcasing the new UH Seismic Data Center will focus heavily on presentations centered around hydrocarbon basin analysis as well as relevant policy shifts within India and the opportunities that have emerged as a result. The UH Seismic Data Center arose from a collaboration between the University of Houston and the DGH, the technical arm of the Indian Ministry of Petroleum and Natural Gas.

The event is Friday, July 7, from 9 am to 12 pm at the University of Houston Technology Bridge (Building 9, Room 135). Click here to register.

July 10 — Ion Open Accelerator: Monopolizing Your Industry Channel

In this workshop, Jared Nielsen who has participated in several startups that now dominate their respective industries, will provide insight into how small startups have grown to become global monopolies in a very short period of time. Seeing a global domination market strategy executed from the inside may give your own startup insights and techniques that you can use within your own supply chain for a truly dominant market position.

The event is Monday, July 10, from 10 am to 12 pm at the Ion. Click here to register.


July 11 — Leaders Who Lunch

Connect with influential community organizers, leaders, change makers, and likeminded C-suite executives during a 3-course family style lunch. Admission and cost of the meal is $75.

The event is Tuesday, July 11, from 11 am to 12 pm at Weights and Measures. Click here to register.

July 13 — Texas Medical Center Veterans Committee Hiring Event

TMC is hosting a career workshop for veterans interested in breaking into the healthcare field. Attendees will have the chance to network with recruiters, learn about job openings, and potentially even secure an interview on the spot so be sure to bring copies of your resume and dress to impress.

The agenda:

10:00 - 11:00 am - Registration/ Networking

11:00 - 11:30 am - Career Readiness: Resume & Interview Preparation

11:30 am - 12:00 pm - Career Branding: Social Media & Networking

12:00 pm - 12:20 pm - Lunch (provided)

12:20 pm - 1:00 pm - ERG Panel Discussion: Connecting with our Veteran Communities

1:00 pm - 2:00 pm - Networking/ Closing Hour

This event is Thursday, July 13, from 10 am to 2 pm at TMC Innovation Factory (2450 Holcombe Blvd Suite X). Click here to register.

July 13 — GROW Community Meeting

Discuss green economy resources & opportunities for disadvantaged groups to engage in the energy transition and climate action.

The agenda:

11 - 11:15 am - Welcome and Introductions

11:15 - 11:30 am - GROW Overview

11: 30 - 11:45 am - GROW Updates

11:45 am - 12 pm - Funding & Contract Opportunities

12 - 12:30 pm - Lunch

12:30 - 12:45 pm - Next steps: Community Benefits Survey, Cooperative Agreement, Letters of Support

12:45 - 1 pm - Attendee Announcements

1 PM - Closing

The event is Thursday, July 13, from 11 am to 1 pm at Hiram Clarke Multi-Service Center. Click here to register.

July 17 — Mingle Mondays Med & Health Tech

Head to this monthly mixer and get to know fellow members of Houston’s Med & Health Tech community. All who are interested in Med & Health Tech, including Med & HealthTech entrepreneurs, thought leaders, investors, healthcare professionals, and community members wanting to share their Med & Health Tech knowledge are welcome.

This event is Monday, July 17, from 6 to 7 pm at the Ion. Click here to register.

July 17 — The State of Latino Entrepreneurship Reception/Networking

The Latino Business Action Network presents “The State of Latino Entrepreneurship Reception.” Network with Latino professionals, business owners, and supporters. This is a welcoming environment for connecting with your peers, LBAN, local chambers, and other organizations. At the same time, you will learn the latest on Latino entrepreneurship from LBAN, a nationally recognized expert in the field. LBAN is a Silicon Valley-based nonprofit that partners with Stanford to research and empower Latino entrepreneurship across the U.S.

This event is Monday, July 17, from 4 to 7 pm at the Ion. Click here to register.

July 18 — Heated Dialogues Unleashed: Navigating Difficult Conversations

In this discussion, leadership veterans Debbie Danon and Michele Price will unravel the secrets of mastering difficult conversations for start-ups. For new founders looking to gain practical insights to navigate these challenges this conference will provide you with communication tools to approach these obstacles.

This event is Tuesday, July 18, from 11:30 am to 12:15 pm, virtually . Click here to register.

July 19 — Industrial Security Roadshow: Learn, Empower, & Connect

At the Industrial Security Roadshow attendees will gain insights into emerging threats, learn innovative defense techniques, and discover cutting-edge technologies to bolster your security procedures. A curated lineup of speakers will share their expertise, providing practical guidance and actionable steps to fortify your systems against cyber threats.

This event is Wednesday, July 19, from 10:30 am to 1 pm at 24285 Katy Fwy suite 300. Click here to register.

July 20 — Female Founders and Funders Meetup

Sponsored by Softeq Venture Studio and Sesh Coworking, this monthly meetup occurs every third Thursday and is ideal for female founders and funders in the Houston area who are looking to network and empower each other.

This event is Thursday, July 20, from 9 to 10 am at Sesh Coworking. Click here to register.

July 24 — Ion Open Accelerator: Getting the Highest ROI from Conferences and Events

In this workshop speaker Staccey Wright-Turner, a Houston based ROI strategist, will discuss how to maximize your time at and investment in conferences and events for a well-rounded marketing campaign.

These are the topics you can expect to be covered:

  • Whether you should do events, and which ones you should do
  • How best to invest your marketing dollars
  • Setting your objectives for events and conferences - yes, there is more than just "getting leads" - don't miss out on important revenue
  • Preparing in advance to get the most out of your event
  • Knowing how to approach attendees and get meetings booked
  • Follow through and evaluate the ROI on the events
  • Training sales staff for event-and-conference best practices
This event is Monday, July 24, from 10 am to 12 pm at the Ion. Click here to register.

July 27 —  Summer Sizzle Happy Hour with Dell for Startups

Kick off the end of a warm summer in The Cannon West Houston Kitchen with a Happy Hour, sponsored by Dell for Startups and take advantage of an opportunity to learn more about the upcoming Houston Innovation Summit in October.

This event is Thursday, July 27, from 4:30 to 6:30 pm at The Cannon. Click here to register.

July 28 - July 30 — Melanin Minds Mental Health Conference

Melanin Minds is taking over Big Brothers Big Sisters for a three day weekend of workshops, panels, & family-friendly wellness. All workshops will be centering BIPOC communities & featuring therapists, counselors, and practitioners of color. Admission prices vary depending on the level of access you want to the conference and when you register, discounted tickets for students are available up to year six of grad school ($20).

The agenda:

Friday 7/28 — Healthy Eating On The Go • Thriving Through Stigmas & Adversity • Perfectionism • Boundaries • Finances • Work-Life Harmony • 7 Types of Rest • Mindful Leadership

Saturday 7/29 — Building Mental Wealth • Finding Your Way to YOU • Nutrition As A Foundation for Healing • Yoga & Meditation • Community Talk Circle • Humor & Laughter • Reading the Cues • Relationships & Social Media • Wellness Practices & Routines

Sunday 7/30 — Advocating For Your Child • Goals Through Resilience & Stress • The Art of Self Expression • Financial Mental Health • Yoga For Youth • Big Brother Big Sister Matches Panel • Complimentary Self Care Services

This event starts Friday, July 28, from 7 a.m. to 6 p.m. at Big Brothers Big Sisters. Click here to register.

In today’s dynamic business landscape, veterans bring the skills and expertise to the table that translate to any industry. Photo via Getty Images

Expert: How veteran employees can positively impact Houston startups, small businesses

guest column

Last week, the country celebrated Veterans Day — a time to honor the men and women who have served in the U.S. Armed Forces. This day was also a time to consider, as business owners and entrepreneurs, how we support these veterans as they enter civilian life.

With only 18.5 million veterans, which accounts for seven percent of the population over 18 years old, it is an elite group. According to the Bureau of Labor Statistics latest data, veterans have a nearly one percent lower unemployment rate than their nonveteran counterparts, which points to their unique skill sets, internal grit and dogged determination.

Entrepreneurs face interesting business challenges today with a tight labor market coupled with talks of a potential recession. Hiring today doesn’t have to be a daunting task when the right people are in the trenches with you. Veterans transitioning into civilian life are an often-overlooked talent pool who bring an abundance of skills, albeit sometimes non-traditional, to the workplace. They make great employees for startups due to:

Resilience

Every new business goes through a season of trial and error. Additionally, the ever-changing business environment and legislation force many businesses to quickly adapt. Veterans have learned to thrive under pressure, keep the end-goal in mind and focus under the most difficult situations. An employee who brings a sense of calm focus to an organization in growth mode, which can be chaotic, is reassuring to the business owner and they serve as a good example to fellow employees.

Intrapersonal skills

The military helps every recruit fine tune their intrapersonal skills, especially discipline, persistence and innovation. These same skills are valuable in the workplace and paramount to the success of today’s startup.

These engrained intrapersonal skills make veterans the employees entrepreneurs will rely upon. Commitments are kept and deadlines are met, hard stop. When an entrepreneur’s attention is divided, it is a relief for them to know the work will get done. Additionally, these are employees who will naturally step up as leaders, if given the opportunity to advance, and take pride in helping foster the success of the business.

Teamwork

In its simplest form, the military is a workplace made of many smaller work groups or units. Veterans know teamwork is an essential skill to master, often aided by clear and concise communication. In a military setting, however, if a team member doesn’t follow through, the consequences can be dire. While the stakes may be different, teamwork is invaluable to meeting an organization’s goals and objectives.

Versatility

The military also prepares veterans for civilian life and business today by teaching creative problem solving. These men and women quickly surmount complex circumstances and often with limited resources. The bootstrap nature of a startup environment and a tight labor market can benefit significantly from a veteran’s ability to improvise and adapt.

The multitude of skills veterans possess and have learned through their military careers allows them to quickly adopt and master new concepts. This is an extremely valuable to any small business facing limited resources and manpower. A new hire who can troubleshoot IT systems, move boxes and supplies, and manage people or clients is the best “multi-tool” for a startup.

In today’s dynamic business landscape, veterans bring the skills and expertise to the table that translate to any industry.

Veterans are a valuable resource and, once leveraged, can help employers improve the trajectory of their business.

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Roger Nicholson is a Marine veteran and senior vice president of service operations with Insperity, a leading provider of human resources offering the most comprehensive suite of scalable HR solutions available in the marketplace.

Craig Taylor has been named 2022 Veteran Entrepreneur of the Year by the Rice Business Veterans Association and has made it to the finals for EY's Entrepreneur Of The Year 2022. Photo courtesy of Iapetus

Houston energy entrepreneur recognized for 2 leadership awards

vet rep

Houston’s Craig Taylor is basking in the entrepreneurial spotlight.

On May 10, Taylor, founder and CEO of Houston-based Iapetus Holdings, and Tejpal Singh, co-founder and chief operating officer, were named Entrepreneur Of The Year 2022 finalists in the program’s Central South region. That region includes the Houston area. Professional services giant Ernest & Young sponsors the program.

Meanwhile, Taylor last month was named 2022 Veteran Entrepreneur of the Year by the Rice Business Veterans Association at Rice University’s Jones Graduate School of Business.

Iapetus Holdings is a minority- and veteran-owned portfolio of eight self-funded, multimillion-dollar companies in the energy sector.

“When you set off to become a self-funded entrepreneur, you start with a vision and a ton of grit, but you never really have assurance of the fact that you’re going to be successful,” Taylor says in a news release. “The road to business success takes many turns and that’s why, to find ourselves among those honored with this distinction, to be among the EY Entrepreneur of the Year finalists, is so meaningful.”

Singh says he and Taylor “have much greater ambitions” for Iapetus as well as Atlas Scholars, the nonprofit they launched to provide internships and scholarships to high school students.

“It has taken a ton of dedication and effort to realize our ambition of building this group of energy solutions businesses, creating this number of jobs, serving this quantity and quality of clients,” Singh says.

Regional Entrepreneur Of The Year winners will be announced June 23.

The Entrepreneur Of The Year nod follows Taylor’s acceptance April 23 of Rice’s Veteran Entrepreneur of the Year honor.

Navy veteran Charles “Reid” Schrodel, an officer with Rice Business Veterans Association, says Taylor was chosen for the honor because of his success in business and philanthropy.

“For the Veteran Entrepreneur of the Year award, “we were looking for veteran entrepreneurs that are successful in their field, and we wanted to find a vet entrepreneur whose organization also gave back to their communities,” Schrodel says.

Taylor received the award during the Rice Veterans Business Battle competition. He and Alex Danielides, head of business development at Iapetus Holdings, were judges for the competition. In the competition, 16 early stage companies vied for funding. The 2022 winners were Libre, Opera Bioscience, and Bonappesweet.

In a news release, Taylor notes that veterans who own businesses face an array of challenges.

“Being an entrepreneur is not easy, but the Navy instilled in me a strong sense of responsibility and grit, which are critical characteristics of a successful entrepreneur,” he says.

Businesses under the Iapetus umbrella are:

  • Atlas Commodities, a commodity brokerage firm.
  • Atlas Field Services, which provides safety inspections and audits for energy providers.
  • Atlas Retail Energy, a provider of energy management services for commercial and industrial customers.
  • Gold Coast Utility Specialists, which provides risk management services for energy suppliers.
  • Hyperion Safety Environmental Solutions, whose services include safety programming and environmental planning.
  • Iapetus Infrastructure Services, which encompasses five of the holding company’s eight subsidiaries.
  • Soaring Eagle Technologies, a provider of mapping services.
  • UATI (Unmanned Aviation Training Institute), which trains drone operators.

Collectively, annual revenue for the eight subsidiaries is around $100 million.

“Our customers rely on Iapetus employees who are innovating and are making a difference on the most critical issues of our times. We’re affecting everything from energy security to sustainability to infrastructure reliability, and we do so as a cohesive group of diverse perspectives working toward common goals,” Taylor said in a 2021 news release.

“Our companies are working closely with utilities on strategies to help prevent risks, plan vegetation management, keep the lights on and employees safe,” he added. “We’re also helping commercial and industrial clients procure energy efficiently and sustainably, while providing international energy trade brokerage services in this intense-demand landscape.”

Houston has the the second largest veteran community in America — and the energy industry is vets' top employer. Photo via Getty Images

Houston-based veterans will lead the energy transition, says this expert

guest column

Many people living in Houston don't realize that the veteran community is taking an increasing leadership role in the energy transition. The Greater Houston area is the second largest veteran community in America with over 5,500 new veterans and their families coming to Houston annually. We are the fastest growing city in America for veterans as well.

In Houston you'll find a community of veterans who create a workforce and culture of excellence -- no handouts needed here. Our city is home to innovation in many industrial sectors, and also in the veteran services market. Combined Arms is the premier technology partner for accelerating the connection of veterans to resources like employment.

Headquartered in Houston, the agency operates in a dozen states nationally with a co-working space of over 30 veteran serving nonprofits on site and 120 services online. The top employment organization for veteran employment in the country, NextOp, is also headquartered in Houston. NextOp is focused on developing a pipeline of talent directly from military installations to industrial craft trades. They have the best numbers for placement of veterans and speed to employment, perfect for accelerating the energy transition as companies are looking for talent to fill new industry roles.

The energy sector is already the largest employer of veterans in Houston. We are a vibrant community with weekly networking happy hours for white collar veterans working in the energy industry at the original Kirby Icehouse on Wednesdays, put on by Houston Veterans in Business.

With one of the highest concentrations of public companies in the country, we have over 85 public companies with employee resource groups for veterans. The leaders of these groups meet regularly to support and serve our community. We are a thriving community that has the depth of relationships and connections to foster the personal and professional growth of veterans new to Houston and those that have called Houston home their entire lives. The majority of these groups are within energy companies that are actively supporting the energy transition.

Some examples of veteran-led energy transition companies include:

  • Everpoint Services, founded by Tyler Goodell, is bringing an oilfield services model to the wind, solar, and energy storage industries along with wind blade and solar panel recycling.
  • FastGrid, founded by Eric Curry, is rapidly growing through the project engineering side of renewable energy project development across the country.
  • WindCom, led by CEO Tim Hertel, conducts wind blade repairs and servicing.
  • Blue Bear Capital, co-founded by Tim Kopra, invests in high-growth technology companies across the energy, infrastructure, and climate industries.
  • eRenewable, co-founded by Fred Davis, provides real-time online auctions for Power Purchasing Agreements (PPAs) and Virtual PPAs.
  • Last Dollar Trucking, co-founded by Nate Reeve, focused on the transport of the massive number of wind blades entering texas ports.
  • JAG Argueta, founded by Keith Argueta, provides accounting and fractional CFO services to cleantech startups.
  • Digital Wildcatters, co-founded by Jake Corley, building the "Barstool Sports of Energy"
  • Amberjack Capital, co-founded by Patrick Connelly, is a private equity investor in energy transition and infrastructure projects.
  • re:3D, co-founded by Samantha Snabes, pioneering new innovations to decimate the cost & scale barriers to 3D printing.
  • South Union CDC, founded by Efrem Jernigan, is developing the Sunnyside Solar project.
  • Fervo Energy, led by CFO David Ulrey, is developing next-generation geothermal projects to deliver 24x7 carbon-free energy.

One of the top chapters nationally for Bunker Labs is also here, with a veteran entrepreneur accelerator at WeWork downtown, the WeWork Veterans in Residence program. On top of that the largest veteran business plan competition is hosted by Rice University. The Veteran Business Battle is entering its 7th year with one of the finalists Parasanti pivoting their successful edge computing solutions into the energy transition for cleantech applications through their recent acceptance to Haliburton Labs.

Houston is also building a chapter of the Veterans Energy Project which is advocating for the Biden administration's infrastructure bill. Jon Powers with CleanCapital, a private equity investor focused on accelerating the flow of capital into distributed generation project, co-founded the Veterans Energy Project. Having served our country in a time of war, it is time again to place the country first and advocate for the infrastructure that supports all Americans.

The veterans of Houston can help make Houston not only the leader in the energy transition but also ensure that we are the energy capital of the future.

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Kevin Doffing is the president of Energy Capital of the Future.

BridgingApps, a program backed by Easter Seals of Greater Houston, uses technology like iPads to help provide services for children and adults with disabilities — as well as for veterans — and their families. Courtesy of BridgingApps

Houston nonprofit optimizes technology for special needs treatment and diagnoses

Using tech for good

When the first iPad was released in April of 2010, tech accessibility changed in more ways than mobile checkouts or on-the-go streaming.

The interface of the device is built around the multi-touch screen, which became a game changing component in special needs therapy and sparked the founding of BridgingApps, a program part of Easter Seals Greater Houston.

The program provides access to educational and therapeutic tools to parents, teachers, and therapists to use these mobile devices and apps to target and improve cognitive and physical development in children and adults with disabilities.

"I am the parent of a child with multiple disabilities; my son was born with Down syndrome," says Cristen Reat, co-founder and program director at BridgingApps.

Reat tells InnovationMap that she helped start a support group in a therapy clinic where many parents were interested about why mobile devices and apps were so engaging to their children.

"We were just amazed about how our children with different types of disabilities were engaged with the devices, were able to communicate with the devices, and were making big strides in their therapy," says Reat.

BridgingApps was founded by Reat and Sami Rahman in 2010, both seeking to help their children grow. The program became a part of Easter Seals of Greater Houston in 2011. The website currently boasts over 3,000 apps which users can sort through by category, age, price, skill, grade level, mobile device, and more. The apps are also able to benefit and treat veterans and their families.

"I was amazed at how quickly my son was able to do things independently with these touch screens that he was not able to do with traditional computers," Reat tells InnovationMap.

The Easter Seals Greater Houston organization was recently awarded a $15,000 grant from the Comcast Foundation as part of the Comcast NBCUniversal Assistive Technology Grant Fund, expand the available equipment used in the community technology labs with new equipment such as the TobiiDynavox EyeMobile Mini Classic Eye Gaze system that includes new software called Look To Learn and SnapCore First, and the AbleNet Latitude Mounting Arm that holds an iPad, Kindle, or other tablet and mounts to beds, wheelchairs, and tabletops.

The nonprofit offers three assistive technology services labs across the Houston area, in Bellaire, the Woodlands, and Stafford. According to the website, each lab has open lab days that the public can access without an appointment to explore a variety of assistive technology, including adapted toys and switches, specialized software and computer equipment, communication devices, and mobile devices and apps. Workshops and trainings are also available.

"The whole idea of BridgingApps is a shortcut, so that you don't have to Google search every day," says Reat. "It's basically the Yelp of special needs apps where you can type in a diagnosis, a skill, something you're looking for, and you'll come up with a video, instructions, and summary that helps people figure out what can help them today."

The organization was also awarded a $75,000 grant by Blue Cross and Blue Shield of Texas, which, according to a news release, will help the nonprofit serve 50 individuals that are veterans and or current military as well as their family members through services such as digital trainings through app reviews and videos, face-to-face counseling and counseling via tele-health, especially for those without transportation or living in rural areas.

BridgingApps currently has a team of two full-time and seven part-time employees. The nonprofit hosts an annual fundraiser each Spring called Walk With Me. The next walk is scheduled for April 25 at the Houston Zoo.
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Houston brain health co. secures $6.5M for rare disease study

neuro funding

Houston-based Goldenrod Therapeutics, part of Fannin Partners' portfolio, has announced the initial close of a $6.5 million series seed preferred stock round.

The round was led by Ataxia Ventures and an affiliate of Fannin, according to a news release.

Goldenrod Therapeutics plans to use the funding to support manufacturing, formulation optimization, IND-enabling studies and a Phase I study of its drug to treat brain inflammation, known as 11h.

The study will consider how 11h, which blocks the enzyme PDE4, could treat Friedreich’s ataxia (FA), a rare genetic disease that affects movement, speech and balance. To date, other PDE4 inhibitors have proven to regulate neuroinflammation and neuronal signaling, but have had adverse gastrointestinal side effects or have not reached enough of the central nervous system, according to Goldenrod.

The company says its 11h is expected to have "broad applicability" with limited emetric side effects.

“Our 11h program is a next-generation, orally bioavailable, brain-penetrant PDE4 inhibitor, where researchers overcame longstanding limitations associated with earlier PDE4 inhibitors," Dr. Dev Chatterjee, CEO of Goldenrod, said in the news release. "We believe this creates the potential for a best-in-class therapy for Friedreich’s Ataxia and a potential foundation for development across multiple neurodegenerative and neuroinflammatory disorders.”

11h was first developed at the University of Nebraska Medical Center (UNeMed). Houston-based Fannin Partners in-licensed the product 2020 and landed SBIR Phase I funding to support its initial development for opioid use disorder soon after.

Goldenrod has also received funding to study 11h's effectiveness for multiple sclerosis, methamphetamine addiction and cocaine addiction.

Goldenrod says it is developing 11h to target a variety of neurological and inflammatory conditions, including Alzheimer's disease, multiple sclerosis, ALS, substance use disorders, Batten disease, pain and traumatic brain injury.

27 Houston companies make Fortune 500 for 2026, led by energy giants

Houston HQs

Editor's note: This article has been updated to correct the number of companies based in the Dallas-Fort Worth area.

Houston is a giant among U.S. hubs for corporate headquarters.

The 2026 Fortune 500 lists 27 companies based in the Houston area, with many energy companies claiming top spots. Houston ties with Chicago for the second-most Fortune 500 headquarters, preceded only by New York City (53). Dallas-Fort Worth is home to 24 Fortune 500 headquarters.

Texas leads the nation for Fortune 500 headquarters (57), with California in the No. 2 spot and New York at No. 3.

“Texas is the undisputed headquarters of headquarters,” Gov. Greg Abbott said in a news release. “The world’s leading businesses invest with confidence in Texas because of our welcoming business climate, predictable regulatory environment, and skilled and growing workforce. People and businesses are choosing Texas because Texas works.”

The 2026 Fortune 500 ranks the largest U.S. corporations based on revenue in fiscal year 2025.

Here’s a rundown of the 27 Fortune 500 companies based in the Houston area.

  • No. 9 ExxonMobil
  • No. 21 Chevron
  • No. 29 Phillips 66
  • No.55 Sysco
  • No. 75 ConocoPhillips
  • No. 89 Enterprise Products Partners
  • No. 103 Plains GP Holdings
  • No. 133 Hewlett Packard Enterprise
  • No. 149 NRG Energy
  • No. 157 Quanta Services
  • No. 164 Baker Hughes
  • No. 173 Occidental Petroleum
  • No. 179 Waste Management
  • No. 201 EOG Resources
  • No. 204 Group 1 Automotive
  • No. 207 Halliburton
  • No. 223 Cheniere Energy
  • No. 236 Corebridge Financial
  • No. 262 Targa Resources
  • No. 266 Kinder Morgan
  • No. 388 Westlake
  • No. 435 CenterPoint Energy
  • No. 438 APA
  • No. 440 Comfort Systems USA
  • No. 455 NOV
  • No. 488 KBR
  • No. 496 Coterra Energy. Oklahoma City, Oklahoma-based Devon Energy and Houston-based Coterra Energy merged in early May, with the combined company retaining the Devon Energy name and the Houston headquarters.

The Greater Houston Partnership notes the Houston area soon will welcome its 28th Fortune 500 company. Expand Energy (formerly Chesapeake Energy), appearing at No. 362 on the 2026 list, says it’s moving its headquarters from Oklahoma City to Spring this year.

As the natural gas producer prepares to relocate to Texas, it’s hunting for a new leader. Nick Dell’Osso stepped down as president and CEO earlier this year. Board Chairman Michael Wichterich is interim president and CEO.

Dell’Osso became president and CEO of Oklahoma City-based Gulfport Energy effective May 28.

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This article first appeared on EnergyCapitalHTX.com.

Elon Musk's SpaceX is about to make its debut on Wall Street

Money Moves

Elon Musk's rocket company SpaceX will make its debut on Wall Street Friday, June 12, and both institutional and retail investors are expected to gobble up the 555.6 million shares going up for sale at $135 apiece. Musk, already the world's richest man, could become its first trillionaire.

SpaceX is likely to become the biggest IPO ever, with proceeds of around $75 billion. SpaceX hopes to become the first company to send people to Mars. In fact, part of Musk’s future compensation depends on SpaceX eventually establishing a colony of at least 1 million people on the red planet.

Why SpaceX is going public now

In a video conference on Musk's social media platform X, he told JPMorgan CEO Jamie Dimon that people have suggested for the last 10 years that he take SpaceX public. He's doing it now because the company plans to put 100,000 next-generation Starlink satellites into orbit. Deploying AI data centers in space is a “massive new growth base and you need capital for that,” he said.

Going public provides access to the capital that SpaceX needs. But it also exposes it to more scrutiny from shareholders and more regulatory oversight. That includes filing quarterly financial reports, which critics say incentivizes short-term thinking over longer-term planning and creates unnecessary costs for a company. Securities regulators are currently soliciting public comment on a proposal to require public companies to file the financial reports only twice every year.

How the IPO impacts the company

Musk will hold the majority of a special class of shares, giving him control over decisions related to company strategy, finances and personnel. On the latter, because of his ownership of most of these Class B shares, the only person who can fire Musk as CEO is Musk.

The company credits Musk with being the “driving force” behind its growth, innovation and success. But what happens if Musk is no longer in the picture? SpaceX warns that the loss of Musk could disrupt its ability to execute its strategy as well as hurt its “reputation and relationships with customers, partners and other stakeholders.”

The company also warns that finding a replacement with the same skills and experience as Musk would be time-consuming, if not nearly impossible. As Wedbush Securities analyst Dan Ives wrote Wednesday, “At the end of the day Musk is SpaceX and SpaceX is Musk.”

What could make or break SpaceX

Currently in the test phase, the gigantic reusable Starship rocket is key to SpaceX realizing Musk's ambitions. Much of the commercial space business hinges on SpaceX developing Starship’s capability to be fully reusable and hearty enough for a quick turnaround between flights. If that doesn't happen, SpaceX warns that putting data centers and satellites in space will take longer and cost more money, meaning it risks customers bailing on the company.

Analysts say that by pioneering reusable rockets, SpaceX has established a clear lead on competitors such as Blue Origin, led by Amazon founder Jeff Bezos. The Starlink satellite business competes with, among others, AST SpaceMobile – which is relying on a SpaceX rocket to send its latest generation of satellites into orbit next week.

The prospectus filed last week says SpaceX’s biggest potential market is the sale of business-oriented artificial intelligence products designed to transform how people get work done. It’s an opportunity SpaceX predicts would be worth $22.7 trillion if it could somehow dominate rivals like Anthropic, OpenAI and Microsoft in a highly competitive industry. But the prospectus shows no clear path to profitability for the xAI business, which merged with SpaceX earlier this year.

Why Wall Street is paying attention

If the SpaceX IPO is as successful, the stock could quickly join the Nasdaq 100, a widely followed index that tracks the 100 largest non-financial companies in the composite. That's important because some popular funds, such as the $460 billion QQQ exchange-traded fund, mimic the index and will automatically buy whatever is listed in the index.

Nasdaq recently changed its rules to allow select companies to enter the Nasdaq 100 after just 15 trading days.

S&P Dow Jones Indices, on the other hand, is sticking to established and more traditional thresholds that will not allow SpaceX or other companies with gargantuan IPOs faster entry into its S&P 500 index. That means even high-profile companies will still need to wait for their stocks to trade a full 12 months before they can enter the index.

Companies want to be in the S&P 500 in particular because it's arguably the most important index on Wall Street, with trillions of dollars either mimicking it exactly or benchmarked against it. Vanguard's VOO fund that tracks the S&P 500 has roughly $950 billion invested in it, for example.