Billionaire Elon Musk‘s brain implant company Neuralink Corp. has reportedly incorporated its business in Nevada, leaving Delaware behind.
What Happened: The shift was completed Thursday and alerted to shareholders via a notice, reported Bloomberg.
The move follows Musk’s recent spat with Delaware after his $56 billion pay package at EV company Tesla was invalidated by Delaware's Court of Chancery last month. The judge termed the package “an unfathomable sum” and said the board failed to ask whether the package was necessary for Tesla to retain Musk.
"Never incorporate your company in the state of Delaware," Musk wrote on ...