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Elon Musk moves SpaceX incorporation to Texas after Delaware judge axed $56bn Tesla pay

Decision to move rocket company comes after Musk said he would hold shareholder vote to move Tesla to Texas as well

Rocket company SpaceX has moved its state of incorporation to Texas from Delaware, CEO Elon Musk has announced.

“SpaceX has moved its state of incorporation from Delaware to Texas! If your company is still incorporated in Delaware, I recommend moving to another state as soon as possible,” Musk said on the platform.

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