Elon Musk’s firm Neuralink ditches Delaware, reincorporates in Nevada

Elon Musk’s brain implant company, Neuralink Corp., switched the location of its business incorporation to Nevada from Delaware, taking steps to cut ties to a state where Musk has suffered significant legal setbacks — one over pay and another over his acquisition of Twitter.

The change was completed Thursday, according to the office of the Nevada secretary of state and a notice sent to shareholders in the company. Last week, a Delaware judge struck down Musk’s $55 billion Tesla Inc. pay package. In a post on X, the social network he owns, Musk advised founders not to incorporate in the state.