Neuralink Shifts Incorporation to Nevada Following Tesla’s Lead

Elon Musk’s brain-chip implant venture, Neuralink, has recently relocated its incorporation from Delaware to Nevada, mirroring a similar move announced by Tesla just a week prior.

Strategic Corporate Adjustment:

The decision to shift Neuralink’s incorporation follows Elon Musk’s announcement regarding Tesla’s proposed transfer of incorporation from Delaware to Texas, prompted by legal challenges surrounding Musk’s substantial pay package.

Legal experts caution that Tesla’s incorporation relocation may face obstacles such as investor lawsuits, particularly if viewed as a maneuver to protect Musk’s pay package. Similar concerns may arise for Neuralink’s relocation.

Lack of Immediate Response from Neuralink:

Musk revealed last week that Neuralink achieved a significant milestone by successfully implanting its first brain chip in a human patient, with reports indicating a positive recovery post-procedure.

Despite requests from Reuters for comment, Neuralink has not yet issued a response regarding its recent incorporation relocation.