The billionaire also indicated he plans to move Tesla’s state of incorporation from Delaware to Texas.
SpaceX has switched its state of incorporation from Delaware, following the departure of other Elon Musk-led companies leaving the state.
Pursuant to Sections 242 and 245 of the General Corporation Law of the State of Delaware, this Restated Certificate of Incorporation of the Corporation restates and integrates and further...
“SpaceX has moved its state of incorporation from Delaware to Texas!” Musk wrote in a post Wednesday on X. “If your company is still incorporated in Delaware, I recommend moving to...
A Delaware corporation enjoys the benefits of being registered in the state of Delaware but can conduct business in any state.
Sincerely, Delaware Division of Corporations STATE OF DELAWARE CERTIFICATE OF INCORPORATION A STOCK CORPORATION The undersigned Incorporator, desiring to form a corporation under pursuant...
"Tesla will move immediately to hold a shareholder vote to transfer state of incorporation to Texas," Elon Musk wrote on X.
Rocket company SpaceX has moved its state of incorporation to Texas from Delaware, CEO Elon Musk said Wednesday in a post on X.
It is apparent that Delaware continues to be the favored state of incorporation for U.S. businesses. Delaware has been preeminent as the place for businesses to incorporate since the early...
A number of business titans are challenging the state’s power over companies, foremost among them Elon Musk. Last year, he moved the incorporation of two of the six companies he controls — X Corp. and the Boring Company — from Delaware to Nevada, where his xAI was situated to start with. Now, he’s moved two more out of Delaware, taking the incorporation of Neuralink Corp. to Nevada and that of SpaceX to Texas, where he also hopes to move Tesla Inc. The First State has long been the desti...