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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 JqqxhDUKT1717IEjhnHkhU9FZ71Gw4A0UDPN6L+68fYj3aAMyQVTR/TI5brBQD9q
 3DJst/Vxc3OQ539IScmGrA==

<SEC-DOCUMENT>0001181431-10-055948.txt : 20101116
<SEC-HEADER>0001181431-10-055948.hdr.sgml : 20101116
<ACCEPTANCE-DATETIME>20101116161743
ACCESSION NUMBER:		0001181431-10-055948
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20101112
FILED AS OF DATE:		20101116
DATE AS OF CHANGE:		20101116

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WELLS FARGO & CO/MN
		CENTRAL INDEX KEY:			0000072971
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34143
		FILM NUMBER:		101196729

	BUSINESS ADDRESS:	
		STREET 1:		420 MONTGOMERY STREET
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94163
		BUSINESS PHONE:		6126671234

	MAIL ADDRESS:	
		STREET 1:		WELLS FARGO & COMPANY
		STREET 2:		420 MONTGOMERY STREET
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94163

	FORMER NAME:	
		FORMER CONFORMED NAME:	NORWEST CORP
		DATE OF NAME CHANGE:	19920703

	FORMER NAME:	
		FORMER CONFORMED NAME:	NORTHWEST BANCORPORATION
		DATE OF NAME CHANGE:	19830516

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RACKSPACE HOSTING, INC.
		CENTRAL INDEX KEY:			0001107694
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
		IRS NUMBER:				743016523
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		5000 WALZEM RD.
		CITY:			SAN ANTONIO
		STATE:			TX
		ZIP:			78218
		BUSINESS PHONE:		2103124000

	MAIL ADDRESS:	
		STREET 1:		5000 WALZEM RD.
		CITY:			SAN ANTONIO
		STATE:			TX
		ZIP:			78218

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RACKSPACE INC
		DATE OF NAME CHANGE:	20080403

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RACKSPACE MANAGED HOSTING INC
		DATE OF NAME CHANGE:	20000725

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RACKSPACE COM INC
		DATE OF NAME CHANGE:	20000224
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd291389.xml
<DESCRIPTION>FORM 4 - RACKSPACE 11/12/10
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2010-11-12</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001107694</issuerCik>
        <issuerName>RACKSPACE HOSTING, INC.</issuerName>
        <issuerTradingSymbol>RAX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000072971</rptOwnerCik>
            <rptOwnerName>WELLS FARGO &amp; CO/MN</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>420 MONTGOMERY STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SAN FRANCISCO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94104</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2010-11-12</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>116366</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>28.07</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>15044554</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Subsidiary</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">The prices for the sales of these shares ranged from $28.00 to $28.50.   The reporting person hereby undertakes to provide, upon written request, to the SEC Staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction is effected.</footnote>
        <footnote id="F2">Shares held of record by Norwest Limited LP, LLLP, an indirectly wholly-owned subsidiary of Wells Fargo &amp; Company (&quot;Wells Fargo&quot;).  Wells Fargo disclaims beneficial interest in such securities, except to the extent of its pecuniary interest therein.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Paul V. Van Hofwegen, Authorized Signer</signatureName>
        <signatureDate>2010-11-16</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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