Last week, Musk said he wanted to move Tesla’s incorporation to Texas after a Delaware judge struck down his $55 billion pay package, but as Bloomberg notes, that would take a shareholder vote. There’s no such restriction on Neuralink.
The Wall Street Journal writes that Musk isn’t the only billionaire railing against Delaware’s rules, but that despite Nevada’s friendly laws, lawyers “prefer the simplicity” of Delaware incorporation.
Update February 11th, 2024, 2:06PM ET: Added context from The Wall Street Journal.
The AIs are officially out of control
Google Pay replaced Google Wallet — now it’s going away to make room for Google Wallet
A former Gizmodo writer changed his name to ‘Slackbot’ and stayed undetected for months
Spotify HiFi is still MIA after three years, and now so is my subscription
Google apologizes for ‘missing the mark’ after Gemini generated racially diverse Nazis