Musk Moves Neuralink to Nevada, Criticizes Delaware's Corporate Laws

Following a judge's ruling against his Tesla pay package, Elon Musk relocates Neuralink and advocates for shareholder-friendly states.

Elon Musk has moved Neuralink's incorporation from Delaware to Nevada, following a Delaware judge's invalidation of his Tesla pay package.
Musk criticizes Delaware's corporate laws, advocating for Nevada or Texas as preferable for shareholder decision-making.
The move is part of Musk's broader strategy to relocate his companies' incorporations, with Tesla also planning a shareholder vote to move to Texas.
Neuralink's first human brain implant trial was recently announced, with the patient reportedly recovering well.
Delaware, known as the US's incorporation capital, is favored by corporations for its legal environment, but Musk's actions reflect a shift towards states with laws more favorable to shareholders.