After Neuralink moved its incorporation from Delaware to Nevada, another Elon Musk-owned company has followed suit.
On Thursday afternoon, SpaceX CEO Elon Musk said, “SpaceX has moved its state of incorporation from Delaware to Texas!”.
“If your company is still incorporated in Delaware, I recommend moving to another state as soon as possible,” said Musk.
Tesla’s headquarters are already in Austin, Texas, after moving from California back in 2021.
SpaceX has moved its state of incorporation from Delaware to Texas!
If your company is still incorporated in Delaware, I recommend moving to another state as soon as possible. pic.twitter.com/B7FLByL2dY
— Elon Musk (@elonmusk) February 15, 2024
Musk adjusted his position following a legal defeat in Delaware, a state he has openly criticized. The legal controversy centers around a Delaware judge’s decision to invalidate Musk’s $55 billion compensation package from Tesla.
SpaceX today launched its Falcon 9 rocket for the USSF-124 mission to low-Earth orbit at 5:30 p.m. ET, taking place from Space Launch Complex 40 (SLC-40) at the Cape Canaveral Space Force Station in Florida.
This launch marked the seventh flight for the Falcon 9’s first stage booster involved in the mission, having previously supported the Crew-6 mission, SES O3b mPOWER, and four Starlink missions. After the stage separation, the booster is expected to return to Earth, landing on Landing Zone 2 (LZ-2) at the Cape Canaveral Space Force Station.
