Elon Musk's Neuralink Moves Incorporation to Nevada Amid Pay Dispute

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Source: Business Insider
Elon Musk's Neuralink Moves Incorporation to Nevada Amid Pay Dispute
Photo: Business Insider
TL;DR Summary

Elon Musk has shifted the incorporation location of his brain-chip implant company Neuralink from Delaware to Nevada after legal setbacks, including a judge striking down his $55 billion pay package. Musk expressed frustration with Delaware's legal decisions and recommended incorporating in Nevada or Texas. This move follows a similar shift for his company X. Musk also signaled his intent to reincorporate Tesla in Texas after a poll showed 87.1% in favor of the move. Delaware is known as the US's incorporation capital, but Musk's frustrations have led to these changes.

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