SpaceX relocated its state of incorporation.

Elon Musk has announced that SpaceX, his rocket company, has moved its state of incorporation from Delaware to Texas. This move follows a similar action by Musk's brain-chip implant company, Neuralink, which changed its incorporation location from Delaware to Nevada last week. The decision comes after a Delaware state judge struck down Musk's $56 billion pay package from Tesla, which was the largest in US corporate history.

February 14, 2024
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