Musk moves SpaceX incorporation to Texas amid frustration with Delaware court
SpaceX CEO Elon Musk on Wednesday moved his spacecraft and satellite communications company to Texas after receiving an adverse ruling in state court. The billionaire is moving many of his companies out of Delaware. “SpaceX has moved its state of incorporation from Delaware to Texas!” Musk tweeted on Platform X, formerly known as Twitter (which […]
SpaceX files to relocate to Texas after Delaware judge voids Elon Musk’s $56B pay
Elon Musk has filed to move his space exploration company SpaceX to Texas, doubling down on his pledge to move many of his businesses out of Delaware after a huge payment to Tesla fell through. Mr. Musk announced filing In an X post Wednesday, the Texas Secretary of State’s Office proposed incorporating SpaceX in Texas, […]
Mail truck freed after falling into sinkhole on Delaware street
A U.S. Postal Service truck was nearly swallowed by a sinkhole on a road in Delaware, prompting local authorities to call for residents to evacuate. Wilmington firefighters responded to a call about a vehicle, a USPS mail truck, partially trapped in a sinkhole around 11:30 a.m. Wednesday. Delaware News Journal reported. Wilmington Fire Department Battalion […]
Elon Musk moves SpaceX to Texas after Delaware revoked his Tesla salary package
Kevin O’Leary, chairman of OLeary Ventures, reacts to Elon Musk being forced to testify in the SEC investigation into his Twitter acquisition on The Big Money Show. SpaceX CEO Elon Musk The company announced Wednesday night that it was changing its state of registration from Delaware to Texas after a Delaware court struck down the […]
Dozens of arrested for breaching Biden’s Delaware campaign HQ
Nearly two dozen left-wing activists were arrested Monday for breaking into President Biden’s Delaware campaign headquarters to protest his policies on climate change and the Israel-Hamas war. “Young people will not support a president who reverses climate change and finances genocide,” said Sunrise Movement, a group organizing the demonstration. Warned by X Post. According to […]
Elon Musk’s Neuralink incorporating in Nevada after Delaware judge axes Tesla pay
Elon Musk’s brain chip implantation company Neuralink has changed its domicile from Delaware to Nevada, according to business portals in both states. The development comes after Musk said Tesla would hold a shareholder vote to transfer its state of incorporation from Delaware to Texas after a judge invalidated Tesla’s $56 billion compensation package. It happened […]
Delaware community lights up homes ‘Blue for Benny’ after toddler dies suddenly
A Delaware community has rallied to support a young family who lost their 2-year-old son Benny suddenly. The Blue Mall’s Delco neighborhood will be lit up with blue lights for several days in honor of the Petlansky family, with homes and businesses going “Blue for Benny.” Lincoln Financial Field will also be covered in blue […]
Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package
Tesla CEO Elon Musk is voting on a shareholder vote to move the electric car maker’s state of incorporation from Delaware to Texas after a Delaware judge rejected his huge compensation package. Revealed the plan. CNBC report Tesla CEO Elon Musk has announced a proposal to move Tesla’s corporate structure from Delaware to Texas. The […]
Hunter Biden again moves to dismiss Delaware gun indictment charges
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Democrat-led Delaware House kills tax relief bill
The Democratic-led Delaware House Ways and Means Committee rejected a proposal to cut income taxes and overhaul the state's bracket system. Opponents of the bill expressed concern that the negative impact on revenue could lead to a financial shortfall for the First State. “Reducing this tax without alternative revenue offsets could leave the state with […]