"Neuralink's Corporate Move: Elon Musk Shifts Incorporation to Nevada"

TL;DR Summary
Elon Musk's brain implant company, Neuralink Corp., has reincorporated in Nevada from Delaware, aiming to distance itself from legal setbacks in the latter state. The move follows a Delaware judge striking down Musk's $55 billion Tesla Inc. pay package. Neuralink's technology aims to help people with traumatic injuries operate computers using their thoughts, and Musk has hinted at giving people control of devices through the implant. This isn't the first time Musk has moved a company's incorporation out of Delaware, and he has expressed interest in shifting Tesla's incorporation from Delaware to Texas, which would require a shareholder vote.
- Musk's Neuralink Ditches Delaware, Reincorporates in Nevada Yahoo Finance
- Elon Musk takes Neuralink out of Delaware, reincorporates brain implant company in Nevada Mint
- Elon Musk's Neuralink Files to Incorporate in Nevada The Wall Street Journal
- Neuralink's Texas Move: A Strategic Shift in the Brain-Machine Interface Race BNN Breaking
- Musk's Neuralink switches location of incorporation - Bloomberg News Nasdaq
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
2 min
vs 3 min read
Condensed
82%
560 → 99 words
Want the full story? Read the original article
Read on Yahoo Finance