Musk moves SpaceX incorporation to Texas amid frustration with Delaware court
SpaceX CEO Elon Musk moved the spacecraft and satellite communications company’s state of incorporation to Texas on Wednesday, as the billionaire attempts to move his many companies out of Delaware following an unfavorable ruling in state court.
“SpaceX has moved its state of incorporation from Delaware to Texas!” Musk wrote in a post on X, the platform formerly known as Twitter, which he renamed after acquiring the social media company in 2022.
“If your company is still incorporated in Delaware, I…