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Musk-Neuralink-Nevada Corporation
FILE - Elon Musk addresses the European Jewish Association's conference, in Krakow, Poland, Monday, Jan. 22, 2024. Musk’s brain implant company Neuralink has moved its legal corporate home from Delaware to Nevada. The move came just over a week after a Delaware judge struck down Musk’s $55.8 billion pay package as CEO of Tesla. Neuralink became a Nevada company on Thursday, Feb. 8. (AP Photo/Czarek Sokolowski, File)

Elon Musk's Neuralink moves legal home to Nevada after Delaware judge invalidates his Tesla pay deal

Elon Musk’s brain implant company Neuralink has moved its legal corporate home from Delaware to Nevada

By The Associated Press
Published - Feb 10, 2024, 12:57 PM ET
Last Updated - Feb 10, 2024, 12:57 PM EST

Elon Musk’s brain implant company Neuralink has moved its legal corporate home from Delaware to Nevada after a Delaware judge struck down Musk's $55.8 billion pay package as CEO of Tesla.

The move comes after Musk wrote on X, formerly Twitter, that shareholders of Austin-based Tesla would be asked to consider moving the company's corporate registration to Texas.

“Never incorporate your company in the state of Delaware,” he wrote in one post after the court ruling. He later added, “I recommend incorporating in Nevada or Texas if you prefer shareholders to decide matters.”

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