Elon Musk's Battle to Upend Delaware's Corporate Dominance
Delaware judge Kathaleen McCormick has emerged as a formidable force in corporate litigation, recently ruling against Elon Musk in a Tesla shareholder lawsuit that could cost him $50 billion. Musk, who has expressed frustration with Delaware's legal system, has announced plans to move the incorporation of his space company, SpaceX, from Delaware to Texas. Despite Musk's efforts, experts believe that Delaware's judicial expertise and large body of case law make it unlikely for a mass migration of firms from the state.