In a news item we shared with you in recent weeks: Elon MuskThe $56 billion ‘salary’ Tesla received in 2018 was annulled by the court, and Elon Musk said: ‘Regarding this incident,Never incorporate your business in the state of Delaware.“We reported that he made a statement. Apparently Musk was the first to follow up on this suggestion.

Elon Musk’s company is working on implantable chips in the brain and interfaces between brains and computers neural link It was also located in Delaware. Musk said on January 31 “If you prefer that shareholders decide on the management of the company Nevada or I suggest you form a company in Texas“He said that in accordance with this statement, he has moved Neuralink’s home state from Delaware to Nevada.

Although Elon Musk suggests otherwise, Delaware is the birthplace of business in the United States…

According to information shared by Business Insider in Delaware 1.3 million legal entities and according to the state’s official website, more than 60% of Fortune 500 companies are based here. Contrary to Musk’s complaint, Delaware is considered economically and legally predictable and stable.

By the way, let’s also point out that Elon Musk recently made plans to move Tesla’s headquarters. Musk, who recently opened a poll on X about whether Tesla should move its location to Texas, where its physical headquarters are located, received 87% yes votes and “The popular vote is decidedly in favor of Texas! Tesla is moving its founding state to Texas will take immediate action to hold a shareholder vote.” he said.

Why is it important to set the constituent state in motion?

Although U.S. companies conduct their physical operations in different states, they are basically subject to the laws of the state where the company is located. Although Tesla’s headquarters are in Texas, Must comply with Delaware law. While Delaware is often the first state of choice for the opportunities it offers, Elon Musk has other complaints.