Hot Air

Musk Pulls Out of Delaware, Heads to Nevada – HotAir

After a judge moved to strip Elon Musk of $55 billion dollars in compensation from Tesla, he went online and advised business owners to not incorporate in Delaware. He suggested they consider incorporating in either Texas or Nevada. Now, barely two weeks later, the world’s richest man has decided to take his own advice. Musk announced this week that his brain implant company, Neuralink, has reincorporated in Nevada. Similarly, Musk sent a proposal to the shareholders of Tesla urging them to vote for incorporation in Texas. You can apparently only push some people around so much before they take their ball and go home. The $55 billion cash grab was obviously a bridge too far for Elon Musk. (AP)

Elon Musk’s brain implant company Neuralink has moved its legal corporate home from Delaware to Nevada after a Delaware judge struck down Musk’s $55.8 billion pay package as CEO of…

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