SpaceX Moves Incorporation to Texas Amid Legal Battles – Find Out Why Elon Musk is Shifting Headquarters
Cape Canaveral, Florida – SpaceX, the aerospace company led by Elon Musk, has filed to change its incorporation location from Delaware to Texas. This move comes after a Delaware Chancery Court ruling ordered Tesla, another company led by Musk, to rescind the CEO’s 2018 pay package, valued at about $56 billion in options. Additionally, Neuralink, another one of Musk’s companies, has also begun the process of moving its location of incorporation from Delaware to Nevada. …