<p>Rocket company SpaceX has moved its state of incorporation to Texas from Delaware, CEO Elon Musk said Wednesday in a post on X.</p><p>"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, formerly known as Twitter.</p><p>The move comes after the billionaire founder and electric vehicle maker Tesla's CEO said earlier this month that he will hold a shareholder vote to move Tesla's state of incorporation to Texas, where it has its headquarters, after a Delaware judge invalidated his $56-billion pay package.</p>.Elon Musk ordered to testify in SEC's Twitter probe.<p>"The public vote is unequivocally in favor of Texas! Tesla will move immediately to hold a shareholder vote to transfer state of incorporation to Texas," Musk said on X earlier this month after holding a poll where 87 per cent respondents voted "yes" for Tesla's change of incorporation.</p><p>Musk's brain-chip implant company, <a href="https://www.deccanherald.com/technology/neuralink-has-put-its-first-chip-in-a-human-brain-what-could-possibly-go-wrong-2878904">Neuralink </a>also changed its location of incorporation from Delaware to Nevada last week.</p>
<p>Rocket company SpaceX has moved its state of incorporation to Texas from Delaware, CEO Elon Musk said Wednesday in a post on X.</p><p>"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, formerly known as Twitter.</p><p>The move comes after the billionaire founder and electric vehicle maker Tesla's CEO said earlier this month that he will hold a shareholder vote to move Tesla's state of incorporation to Texas, where it has its headquarters, after a Delaware judge invalidated his $56-billion pay package.</p>.Elon Musk ordered to testify in SEC's Twitter probe.<p>"The public vote is unequivocally in favor of Texas! Tesla will move immediately to hold a shareholder vote to transfer state of incorporation to Texas," Musk said on X earlier this month after holding a poll where 87 per cent respondents voted "yes" for Tesla's change of incorporation.</p><p>Musk's brain-chip implant company, <a href="https://www.deccanherald.com/technology/neuralink-has-put-its-first-chip-in-a-human-brain-what-could-possibly-go-wrong-2878904">Neuralink </a>also changed its location of incorporation from Delaware to Nevada last week.</p>