Elon Musk’s Neuralink incorporating in Nevada after Delaware judge axes Tesla pay
Elon Musk’s brain-chip implant company, Neuralink, changed its location of incorporation from Delaware to Nevada, according to the business portals of both states.
The development comes about a week after Musk said Tesla would hold a shareholder vote to transfer its state of incorporation to Texas from Delaware after a judge invalidated his $56 billion pay package.
![Neuralink logo and Elon Musk](https://cdn.statically.io/img/nypost.com/wp-content/uploads/sites/2/2024/02/neuralink-logo-elon-musk-photo-75651830.jpg?w=1024)
![Tesla logo](https://cdn.statically.io/img/nypost.com/wp-content/uploads/sites/2/2024/02/2023-positive-signal-cuts-implemented-75014555.jpg?w=1024)
However, switching the state of incorporation for Tesla could come with hurdles such as investor lawsuits, particularly if it was seen as a move to secure his pay package, legal experts said.
Musk said last week that Neuralink had implanted its first brain chip in a human patient, who was recovering well after the procedure.
Neuralink did not immediately respond to a Reuters request for comment.