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Musk's big Neuralink move

Randy

Randy

Aw, awww!
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Source: https://www.thestreet.com/technology/tech-news-now-elon-musk-neuralink-nvidia-chipmaker

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Tesla CEO Elon Musk had quite the ugly surprise near the end of January when a Delaware judge struck down his $55 billion pay package at Tesla, effectively knocking his title of "world's richest man" off the shelf. Musk was quick to take to X to bemoan the situation, tweeting "Never incorporate your company in the state of Delaware" on Jan. 30.

Musk has now switched Neuralink's state of incorporation from Delaware to Nevada, according to a Feb. 9 report from Bloomberg. This echoes the same move he made in 2022 when he renamed Twitter to X, also moving its state of incorporation from Delaware to Nevada.

Musk has a history of setbacks in Delaware, where Tesla (TSLA) is still officially incorporated. The CEO says he intends to move the EV company as well, but to do so, a shareholder vote will be required first.
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Thoughts on Neuralink?
 

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