RE: LeoThread 2024-02-16 14:06

[lordshah]

Elon Musk files for SpaceX incorporation in the state of Texas. Following the Delaware ruling on pay packages, Musk moved his Space Exploration Technologies Corp. to Texas.

#newsonleo #america #technology #news

Comments

[taskmaster4450le]

I would say Texas is not far behind.

Watched a video of a guy who works for a VC firm. He said it registers 500 companies per year in Delaware...or did.

He cited the rule of law (or lack thereof) as the reason for it.

[lordshah]

He is definitely not happy with the court's ruling out his pay package and as a result he wanted to pay no more taxes to State of Delaware as its laws somehow contradicted SpaceX policies.

Corporate thinking that's all.

[barski]

Cowboys have their own, correct, boyish laws :)

[pepetoken]

Delaware used to be the place to go. Now go follow Elon to Texas. lol

[lordshah]

Delaware was indeed a place to go, now it is just a state of dominancy.

[barski]

Texas is in budget profit... do they need this big spender? :)

[lordshah]

Texas is a capitalist state. eheh

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