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Forbes
Forbes
15 Feb 2024


SpaceX has moved its state of incorporation from Delaware to Texas, the rocket company’s CEO Elon Musk said Wednesday on X, spotlighting the billionaire’s ongoing feud with Delaware over a state court’s decision to void his massive $50.9 billion pay package from Tesla.

Elon Musk In Krakow, Poland

Elon Musk announced SpaceX has moved its state of incorporation from Delaware to Texas.

NurPhoto via Getty Images

The company made a filing with the Texas Secretary of State earlier on Wednesday to request the move.

In a post on X, Musk said the rocket company has “moved its state of incorporation from Delaware to Texas,” and shared a screenshot of a certificate from the Secretary of State’s office acknowledging SpaceX’s filing.

Musk also took a shot at Delaware, saying if someone’s company was still incorporated in the state: “I recommend moving to another state as soon as possible.”

A few hours later, Musk also shared a fan-made animated graphic of the SpaceX logo with a Texas map.

A day earlier, Texas Gov. Greg Abbott reacted to news reports of SpaceX’s move by tweeting “Welcome Home!”