Will the next company founded by Elon Musk be incorporated in Delaware?
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αΉ364αΉ190
2031
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Musk tweeted Never incorporate your company in the state of Delaware after a Delaware judge blocked his compensation package over shareholder objections.
Delaware has become the most prevalent jurisdiction in United States corporate law. Delaware is considered a corporate haven because of its business-friendly corporate laws compared to most other U.S. states.[2] 66% of the Fortune 500, including Walmart and Apple (two of the world's largest companies by revenue) are incorporated (and therefore have their domiciles for service of process purposes) in the state.
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@jacksonpolack Will "New Tesla" incorporated in Texas (see Musk tweet) resolve this NO, or does it not qualify because it is not really a new company?
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