SpaceX moves incorporation to Texas, as Elon Musk continues to blast Delaware
CBSN
Elon Musk's rocket company SpaceX has transferred its incorporation from Delaware to Texas, the CEO and co-founder posted on X.
The move comes just weeks after a Delaware judge struck down Musk's $55.8 billion pay package as CEO of Tesla, prompting the billionaire to lash out against the state on social media, urging other companies to depart Delaware as well.
"SpaceX has moved its state of incorporation from Delaware to Texas!" Musk wrote in a post on Tuesday, adding, "If your company is still incorporated in Delaware, I recommend moving to another state as soon as possible."
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