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Elon Musk moves SpaceX to Texas after Delaware revoked his Tesla salary package

Elon Musk moves SpaceX to Texas after Delaware revoked his Tesla salary package


By -- Fox Business—— Bio and Archives--February 15, 2024

News in Brief | Comments | Back To Full Article

SpaceX CEO Elon Musk announced Wednesday night that the company converted its registration state from Delaware to Texas after a court in Delaware struck down his massive compensation package at Tesla, another one of the billionaire’s ventures.

"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," Musk wrote in a post on X, formerly Twitter. ---More...

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