Elon Musk Shifts SpaceX’s Legal Base to Texas Amid Legal Battles
Elon Musk announces that SpaceX’s legal headquarters has moved from Delaware to Texas, following a similar move by Tesla and Neuralink.
This decision comes after a judge in Delaware voided Musk’s $55.8 billion pay package from Tesla. Musk advises other companies to relocate away from Delaware due to its taxation policies.
The shift reflects Musk’s ongoing legal battles and his recommendation for Texas as a more favorable business environment.
Tesla’s move to Texas in 2021 and public support for the state further emphasize this trend.
Source : BBC
https://www.bbc.com/news/business-68302228