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Published 3 months ago

Elon Musk takes Neuralink out of Delaware, reincorporates brain implant company in Nevada

  • Elon Musk's brain implant company Neuralink has changed its legal home from Delaware to Nevada after a Delaware judge invalidated Musk's $55.8 billion pay package as CEO of Tesla.
  • Musk recommended incorporating in Nevada or Texas instead of Delaware, as Delaware laws favor company management over shareholders.
  • Delaware Chancellor Kathaleen St. Jude McCormick ruled that Tesla's board lacked independence from Musk, causing him to lose the top spot on Forbes' list of wealthiest people.
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The IndependentThe Independent

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

3 months ago·London, United Kingdom
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Associated Press NewsAssociated Press News

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 after a Delaware judge struck down Musk’s $55.8 billion pay package as CEO of Tesla. Neuralink, which has its physical headquarters in Fremont, California, became a Nevada company on Thursday, according to state records. Delaware records also list the […]

3 months ago·United States
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Hindustan TimesHindustan Times

How Elon Musk's bloated Tesla pay package led to shift in Neuralink's legal home

Elon Musk's company Neuralink shifted its legal home from Delaware to Nevada after his pay package case ruling.

3 months ago·New Delhi, India
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abc Newsabc News

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

3 months ago·United States
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KRDOKRDO

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

The Associated Press Elon 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. That is according to state records. Its physical headquarters is in Fremont, California. The Delaware judge ruled Jan. 30 that Tesla’s board was too cozy with Mu…

3 months ago·Colorado Springs, United States
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KIFIKIFI

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

By TOM KRISHER AP Auto Writer 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. Neuralink, which has its physical headquarters in Fremont, California, became a Nevada company on Thursday, according to state records. Delaware records also list the company’s legal home as Nevada. The move comes after Musk wrote…

3 months ago·Idaho Falls, United States
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