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Elon Musk has started moving his businesses away from Delaware, following a judge's decision in the state to . In a post on X, Musk has announced that SpaceX has moved its corporate home from Delaware to Texas, along with a copy of the certificate of conversion it received from the Texas Secretary of State. "If your company is still incorporated in Delaware, I recommend moving to another state as soon as possible," the executive added.
As notes, he also moved Neuralink's business from Delaware to Nevada on February 8, shortly after he revealed that the company into a human patient for the first time. With that change in location, Neuralink joined another company Musk controls in the state: X, which he also moved from Delaware, when he in 2023.
Back when the court's decision to toss out his Tesla compensation package came out, Musk posted a series of tweets airing his grievances against the state. In one post, he people on whether Tesla should change its legal corporate home to Texas. "Never incorporate your company in the state of Delaware," he in another post. "I recommend incorporating in Nevada or Texas if you prefer shareholders to decide matters," Musk .
Unlike SpaceX and Neuralink, though, it will likely take a while for Tesla to move its incorporation. Musk still has to take a vote from shareholders on whether the company should move its legal home. It's worth noting that both Tesla and SpaceX already have a massive presence in The Lone Star State. Tesla to Texas from California due to the latter's COVID-19 safety measures. It also has a Gigafactory in the state, which produces the company's vehicles, including the . Meanwhile, SpaceX's , a production and launch facility for its Starship vehicles, is located in Boca Chica, Texas.
This article originally appeared on Engadget at
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As notes, he also moved Neuralink's business from Delaware to Nevada on February 8, shortly after he revealed that the company into a human patient for the first time. With that change in location, Neuralink joined another company Musk controls in the state: X, which he also moved from Delaware, when he in 2023.
Back when the court's decision to toss out his Tesla compensation package came out, Musk posted a series of tweets airing his grievances against the state. In one post, he people on whether Tesla should change its legal corporate home to Texas. "Never incorporate your company in the state of Delaware," he in another post. "I recommend incorporating in Nevada or Texas if you prefer shareholders to decide matters," Musk .
Unlike SpaceX and Neuralink, though, it will likely take a while for Tesla to move its incorporation. Musk still has to take a vote from shareholders on whether the company should move its legal home. It's worth noting that both Tesla and SpaceX already have a massive presence in The Lone Star State. Tesla to Texas from California due to the latter's COVID-19 safety measures. It also has a Gigafactory in the state, which produces the company's vehicles, including the . Meanwhile, SpaceX's , a production and launch facility for its Starship vehicles, is located in Boca Chica, Texas.
This article originally appeared on Engadget at
Console Bang News!