#Elonmusk
#TrendingTopic Billionaire Elon Musk declared the change of the legal headquarters of his rocket company, SpaceX.
Billionaire Elon Musk has declared the move of the legal headquarters of his rocket company, SpaceX, from the state of Delaware to Texas. Two weeks ago, Musk had already announced that shareholders of Tesla, his electric car manufacturer, would vote for the same change. Neuralink, his brain chip implant company, has also moved its legal headquarters to Nevada.
Musk's Discontent with Delaware
Last month, a Delaware judge nullified his $55.8 billion (£44 billion) Tesla pay package. The decision led Musk to publicly suggest that other companies move away from Delaware. On his own social network, Platform X, Musk wrote: “If your company is still incorporated in Delaware, I recommend moving to another state as soon as possible.”