Elon Musk says SpaceX's legal home moved from Delaware to Texas - BBC News

It comes after a judge in Delaware annulled his $55.8bn pay package from electric carmaker Tesla.

11 hours agoShareclose panelShare pageCopy linkAbout sharingImage source, Getty ImagesBy Mariko OiBusiness reporterElon Musk says he has moved the legal home of his rocket company SpaceX from the US state of Delaware to Texas.

Two weeks ago, Mr Musk said electric carmaker Tesla's shareholders will vote on making the same move. His brain-chip implant firm, Neuralink, has also relocated its legal home to Nevada.

Last month, a judge in Delaware annulled his $55.8bn (£44bn) pay package from Tesla.

Mr Musk has also recommended that other firms move away from Delaware.

In a post on on his social media platform X, formerly Twitter, the multi-billionaire said: "SpaceX has moved its state of incorporation from Delaware to Texas!"

https://www.bbc.co.uk/news/business-68302228

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