Elon Musk has pulled his brain implant company out of Delaware amid legal frustrations.
"Never incorporate your company in the state of Delaware," he wrote on X, formerly Twitter.
AdvertisementElon Musk has shifted the incorporation location of his brain-chip implant company Neuralink out of Delaware, reincorporating it in Nevada, Bloomberg reported.
It comes after a series of frustrating legal setbacks for Musk in "The First State," including a judge striking down the Tesla CEO's $55 billion pay package.
Musk previously moved the incorporation location of X to Nevada from Delaware after he changed its name, Bloomberg reported.
Persons:
Elon Musk, —, Musk, reincorporate Tesla, Tesla, Neuralink
Organizations:
Service, Bloomberg, Fortune
Locations:
Delaware, Nevada, reincorporating, Texas