SpaceX files to relocate to Texas after Delaware judge voids Elon Musk’s $56B Tesla pay package

Elon Musk doubled down on his vow to move his many businesses out of Delaware, filing to relocate his space exploration company SpaceX to Texas after his massive Tesla payout was stuck down.

Musk announced the filing with the Texas Secretary of State’s Office to incorporate SpaceX in Texas, where he lives, in an X post on Wednesday, suggesting to other executives: “If your company is still incorporated in Delaware, I recommend moving to another state as soon as possible.”

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Elon Musk revealed that he filed to relocate SpaceX’s business incorporation from Delaware to Texas on Wednesday after a spat in the Diamond State that threw his $56 billion pay package into limbo.
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Musk — the richest man in the world with a $205 billion fortune — has also relocated his Neuralink brain-chip implant company out of Delaware in recent weeks. REUTERS

The world’s richest person — with a fortune worth $205 billion, according to the Bloomberg Billionaires Index, most of which is thanks to his Tesla shares — has also moved to relocate his brain-chip implant company Neuralink from Delaware to Nevada.

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