SpaceX CEO Elon Musk reincorporated the company in Texas after it was originally incorporated in Delaware.
“If your company is still incorporated in Delaware, I recommend moving to another state as soon as possible,” Musk wrote on X, along with a photo of SpaceX’s certificate of conversion.
SpaceX has moved its state of incorporation from Delaware to Texas!
If your company is still incorporated in Delaware, I recommend moving to another state as soon as possible. pic.twitter.com/B7FLByL2dY
— Elon Musk (@elonmusk) February 15, 2024
Musk reincorporated his social media platform X in Nevada after acquiring it in 2022. However, his electric car company, Tesla, is still incorporated in Delaware even after a judge there denied Musk’s $56 billion compensation package in a lawsuit from one of Tesla’s shareholders last month.
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