A corporation that's able to do business globally but is not domiciled anywhere is analogous to a person who can travel anywhere but doesn't have any citizenshi

A corporation that's able to do business globally but is not domiciled anywhere is analogous to a person who can travel anywhere but doesn't have any citizenship or a passport. The latter sounds obviously like a fantasy — it's simply not how any of this works. What makes anyone think the former is feasible?