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Elon Musk moves Neuralink from Delaware to Nevada

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Elon Musk moves Neuralink from Delaware to Nevada


Elon Musk’s company Neuralink, which works on brain implants, moved its official business location from Delaware to Nevada. This change comes after Musk faced legal issues in Delaware, including problems related to pay and his purchase of Twitter.

The move comes after Musk’s tweet in January that no company should incorporate in Delaware. “Never incorporate your company in the state of Delaware,” he wrote.

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Musk’s comment was followed by the Delaware Court of Chancery’s Judge Kathaleen McCormick’s remark on the Tesla CEO’s $56-billion salary. Judge McCormick termed called it “an unfathomable sum”.

Neuralink is not the first Elon Musk company that has been reincorporated outside of Delaware. The richest man in the world earlier moved the incorporation of X from Delaware to Nevada when he renamed the company from Twitter. Nevada’s business laws give company leaders stronger protection from lawsuits by investors.

The shift Delaware to Nevada was completed on February 8, according to the office of the Nevada secretary of state and a notice sent to shareholders in the company. 

The notice sent to shareholders, which was reviewed by Bloomberg, informed them that their outstanding shares in the Delaware corporation would now be incorporated into outstanding shares in the Nevada corporation.

Neuralink lawyer Philip Mao declined to comment to Bloomberg.

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Last week, Musk announced on Twitter that his company Neuralink had put a device into a human for the first time. This device is designed to let people with serious injuries use computers just by thinking. Musk believes that, in the future, the device will allow anyone to control phones, computers and many other devices simply by thinking.

Delaware: Incorporation capital of US

Delaware is famous for being the main location for many companies to officially set up. Over 70% of Fortune 500 companies in the US are registered in the state because Delaware’s courts are quick and the judges know a lot about business law. They handle big business deals and disagreements without a jury. Companies from other countries also go to Delaware for solving their business problems.

Here’s your comprehensive 3-minute summary of all the things Finance Minister Nirmala Sitharaman said in her Budget speech: Click to download!

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Published: 10 Feb 2024, 06:47 AM IST



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Delaware

Local police departments earn state accreditation

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Local police departments earn state accreditation


The Delaware Police Officer Standards and Training Commission recently announced that the Dewey Beach Police Department and Rehoboth Beach Police Department have both earned state accreditation from the Delaware Police Accreditation Commission.

As part of the rigorous process, a team of DPAC assessors ensured all accreditation standards were met by completing comprehensive, on-site inspections of each agency, reviewing their policies and procedures for compliance, and conducting interviews with department members. 

“This milestone represents a significant step forward for public safety in Delaware. The initial state accreditation of these police agencies reflects a strong commitment to professionalism, accountability and excellence in law enforcement. I commend each department for their dedication to serving their communities with integrity and for upholding the highest standards,” said Joshua Bushweller, Department of Safety and Homeland Security secretary and DPAC chair.



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Delaware

DDA inducts three Delaware Century Farms – 47abc

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DDA inducts three Delaware Century Farms – 47abc


Dover, Del. – Three farms, one from each of Delaware’s counties, were inducted into the Century Farm Program by the state Department of Agriculture on Thursday at the Delaware Agricultural Museum.

Each of the family farms has been owned and operated for at least a century. Each received a sign for their farms, an engraved plate and legislative tributes.

In addition to Secretary of Agriculture, Don Clifton, and Deputy Secretary Jimmy Kroon, state Senators David Wilson (R – District 18) and Kyra Hoffner (D – District 14) were also in attendance.

Wright Family Farms are located in Harrington in Kent County. In 1919, the farm was purchased by William Wright. Over a century later, William’s grandson, Ronald, is the owner and his great-grandson, Greg, said he hopes to continue the family legacy by buying the farm from his father. 

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Although the event celebrated each family for their hard work and resilience, it also highlighted the challenges farmers have to surmount to stay in business today, let alone for a hundred years.

“The price of equipment, the price of fertilizer, the price of seed, everything is just gone up,” Greg said. “So, you know, everything’s going up that we gotta purchase just to stay in business.”

Clifton, Kroon and Wilson also echoed difficulties in balancing the need to preserve agricultural land with the need to develop housing and sustainable energy projects like solar power.

“I know housing is very important, and we want people to always have good housing, but at some point, I think you’re going to saturate the area with more houses than you have food to feed these people,” Wilson said.

Kroon also said there are difficulties in keeping future generations motivated to stay in farming.

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“When you think about it in the context of multi-generational farm families, there’s a real long-term challenge where a new generation may think twice about whether they want to keep farming if it’s always a struggle,” he said.

Clifton said farming has always been a challenging way of life, but it has been so since time immemorial.

“These families, their experience shows that they have an appreciation for the way of life and perseverance and that’s to be honored and emulated to the greatest extent possible,” he said.

Greg said he hopes to pass down the way of life so that his family legacy can live on for another hundred years, as well as for other families.

“A hundred years as the same family tilling the land, that’s, you know, that’s an honor right there,” Greg said. “And I hope that more farmers who are close to 100 years old will be doing the same thing. You know, keep it in the family.”

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Investigation underway after man’s body pulled from Delaware River

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Investigation underway after man’s body pulled from Delaware River


An investigation is underway after police said a man’s body was pulled from the Delaware River in South Philadelphia.

According to police, around 9 a.m. on Friday, April 17, 2026, emergency responders pulled an unidentified man from the Delaware River, near the Navy Yard. Medic’s pronounced the man dead at 9:11 a.m.

Léelo en español aquí.

SkyForce10 flew above as police and other first responders were on the scene.

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Police are working to determine the circumstances of the incident and identify the man.

This is a developing story; check back here for updates.



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