Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - AU
The Guardian - AU
Technology
Guardian staff and agencies

Elon Musk moves SpaceX incorporation to Texas after Delaware judge axed $56bn Tesla pay

Elon Musk, CEO of SpaceX and Tesla and owner of X.
Elon Musk, CEO of SpaceX and Tesla and owner of X. Musk has announced that SpaceX has moved its state of incorporation to Texas from Delaware. Photograph: Gonzalo Fuentes/Reuters

Rocket company SpaceX has moved its state of incorporation to Texas from Delaware, CEO Elon Musk has announced.

“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,” Musk said on the platform.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.