Elon Musk's Companies Leave Delaware Following Pay Package Ruling
Elon Musk's Companies Leave Delaware Following Pay Package Ruling

A Bold Move: SpaceX Changes Incorporation Location

In a surprising twist SpaceX one of Elon Musk's many ventures has officially filed to change its incorporation location from Delaware to Texas following a recent court ruling that ordered Tesla to rescind the CEO's $56 billion pay package. Leave it to Musk to always be on the move!

Musk Encourages Others to Follow Suit

Not one to keep all the fun to himself Musk has encouraged other businesses still incorporated in Delaware to follow in his footsteps and relocate. It's as if he's saying 'If you're still in Delaware you're doing it wrong!'

Neuralink Joins the Party

But wait there's more! Neuralink another company owned by Musk is also ditching Delaware and making its way to Nevada. It's like a game of musical chairs and Delaware is definitely losing out in this round.

Tesla's Shareholder Vote

Tesla under Musk's guidance plans to hold a shareholder vote to seek approval for its move from Delaware to the Lone Star State. Will the shareholders be as enthusiastic as Musk or will they say 'D'oh!'?

Elon Musk Fights Back

Ever the fighter Musk is expected to file for an appeal to the Delaware State Supreme Court regarding his pay package. It's like a battle straight out of "The Springfield Files" episode but with less aliens and more legal jargon.

Musk's Previous Move with Twitter

Delaware is no stranger to Musk's desire for a change. After leading a multibillion dollar buyout of Twitter he renamed the social media giant 'X' and shifted its incorporation to Nevada. Perhaps it's time for Delaware to take a cue from Moe Szyslak and say 'We're closed!'


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