Private rocket company SpaceX has decided to move its incorporation from Delaware to Texas, according to founder Elon Musk. This comes after a Delaware judge invalidated Musk’s pay package at Tesla. The package allowed Musk to acquire millions of Tesla shares at a set price if certain goals were met. The judge ruled that Musk had overseen his own compensation plan with the help of compliant board members. Musk, who resides in Texas, expressed his recommendation for companies still incorporated in Delaware to move to another state.
