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Musk’s Neuralink moves incorporation to Nevada from Delaware [Video]

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Company Formation

Billionaire Elon Musk’s cybernetic implant company, Neuralink, has changed its location of incorporation from Delaware to Nevada, state records show. 

The move comes about a week after Musk said Tesla would hold a shareholder vote to transfer its state of incorporation to Texas from Delaware after a judge voided his $56 billion pay package. 

“Never incorporate your company in the state of Delaware,” Musk posted on X, formerly Twitter, after that ruling came down. 

Neuralink did not immediately respond to FOX Business’ request for comment. 

TESLA TO TEXAS? ELON MUSK ANNOUNCES MAJOR SHAREHOLDER VOTE

Last week, Delaware judge Kathaleen McCormick sided with Tesla investors who had challenged the 2018 share-based pay package, ruling that the “unfathomable sum” was unfair to shareholders and negotiated by directors who appeared beholden to Musk.

In response to that ruling, Musk polled X users, asking, “Should Tesla change its state of incorporation to Texas, home of its physical headquarters?” The results of the poll were 87.1% “Yes” …

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