- Elon Musk has pulled his brain implant company out of Delaware amid legal frustrations.
- Musk has reincorporated the company in Nevada.
- “Never incorporate your company in the state of Delaware,” he wrote on X, formerly Twitter.
Elon Musk has shifted the incorporation location of his brain-chip implant company Neuralink out of Delaware, reincorporating it in Nevada, Bloomberg reported.
The company completed the move on Thursday, it said in a notice sent to shareholders, per the report.
It comes after a series of frustrating legal setbacks for Musk in “The First State,” including a judge striking down the Tesla CEO’s $55 billion pay package .
Musk quickly made his feelings clear about the decisions in a series of posts on X, formerly Twitter.
“Never incorporate your company in the state of Delaware,” he said in one post .
“I recommend incorporating in Nevada or Texas if you prefer shareholders to decide matters,” he added .
Musk previously moved the incorporation location of X to Nevada from Delaware after he changed its name, Bloomberg reported.