Wednesday, October 8, 2025

Latest

Elon Musk Moves SpaceX To Texas As He Continues To Whine About Delaware

Elon Musk has moved SpaceX, his space exploration company, from the state of Delaware to Texas. This comes after a Delaware judge voided Musk’s $55 billion compensation package for Tesla (Nasdaq: TSLA) ,after a lawsuit that alleged he was overpaid through an exorbitant performance-based equity compensation plan.

After the ruling, Musk warned his followers on X to “never incorporate your company in the state of Delaware.” On Wednesday, he confirmed the transfer saying “if your company is still incorporated in Delaware, I recommend moving to another state as soon as possible.”

The move follows Musk completing the reincorporation of his brain implant company, Neuralink Corp, in the state of Nevada. And even before the Tesla ruling in Delaware, for which he is expected to file for an appeal to the Delaware State Supreme Court, he had already moved the state of incorporation of X, formerly Twitter, to Nevada. 


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Can Tesla Afford An Oncoming Union After Slashing Its Margins?

Tesla (Nasdaq: TSLA) may be facing yet another gargantuan battle in the form of a...

Tuesday, October 10, 2023, 11:24:00 AM

Tesla Slides After Trump Says He’ll ‘Look At’ Deporting Musk

President Donald Trump has pushed his clash with Elon Musk into outright personal territory, saying...

Tuesday, July 1, 2025, 10:29:50 AM

Musk’s Ketamine Use Is Apparently In Everyone’s Best Interest

Tesla Inc (Nasdaq: TSLA) CEO Elon Musk believes that his prescribed use of ketamine is...

Tuesday, March 19, 2024, 05:12:50 PM

Jeff Bezos Surpasses Musk, Reclaims Position as World’s Richest Person

After Elon Musk recently surpassed Jeff Bezos as the world’s richest person, it appears that...

Saturday, February 20, 2021, 04:01:00 PM

Pay-To-Tweet? X (fka Twitter) Will Reportedly Charge Users To Access Features Like Tweeting

Free speech is apparently not free anymore for the free speech absolutist Elon Musk. His...

Wednesday, October 18, 2023, 11:47:00 AM