Delaware
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.
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.
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.
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Published: 10 Feb 2024, 06:47 AM IST
Delaware
DMV in Minquadale, Delaware reopening months after trooper’s death
Tuesday, March 10, 2026 9:34AM
MINQUADALE, Del. (WPVI) — The DMV in Wilmington, Delaware is reopening at 8a.m. Tuesday.
This comes after the deadly shooting of State Trooper Matthew “Ty” Snook, 34, in December 2025.
A man walked into the facility and shot and killed Snook.
The DMV said service at the Wilmington location will be by appointment only for now. The Delaware City, Dover, and Georgetown DMV locations will continue to offer walk-in service to customers.
Copyright © 2026 WPVI-TV. All Rights Reserved.
Delaware
Pistol Whipped, Robberies, Carjacking At Delaware Park Casino
Delaware
Spike in utility bills after cold snap forces Delaware customers to make tough choices
Delaware elected officials push back on rising prices
Gov. Matt Meyer called out Delmarva for “overcharging Delaware families” in his January State of the State speech. He has also urged the Public Service Commission to reject the utility’s rate requests.
“Rate increases far beyond inflation are unacceptable,” he said. “Delmarva’s out-of-state shareholders should not take advantage of Delaware’s families working to make ends meet. We must hold monopolies accountable.”
Democratic members of the Delaware General Assembly also sent a letter in February to the commission, calling for Delmarva to resubmit its December rate increase request so it falls under a law that took effect in January that gives the commission greater scrutiny over rate increase requests.
The state lawmakers also noted that Delmarva has sought three electric base rate adjustments over the past five years and asked the commission to reject the current rate case so the company would have to resubmit the request.
“We cannot reward Delmarva investors with such high returns on the backs of our constituents,” the letter stated.
Beal said they appreciate the governors in the states that use the PJM grid focusing on the supply costs and the need for more generation, which he said was the true driver of these significant increases for customers. He argued that they work on the delivery side to keep costs down.
“Our company’s been around since 1909,” he said. “Not all of our equipment is that old, but we certainly have some aging equipment. Over 50-year-old transformers that are really at the end of their life, and you want to make sure that you’re replacing this equipment in a planned manner, versus a catastrophic failure of equipment.”
Assistance programs to help low- and moderate-income households
Wilmington resident Alan Shores said he has tried to apply for help as his average monthly bill has gone from around $200 a month to about $500. Shores depends on monthly disability payments and said he’s struggling to afford his prescription medication because of the rising cost.
“I’m tap dancing as fast as I can, trying to pay this stuff, and I just can’t,” he said. “It’s because of this electric bill. Once that electric bill went through the roof, I’m like, ‘What do I do?’”
Beal said they are adding $500,000 to the $6.5 million customer relief fund created last year. Past-due gas and electric customers who have a household income between 60% of the state median income and 350% of the federal poverty level could be eligible for a $500 credit.
The utility also offers payment arrangements and budget billing, and it directs customers to financial assistance offered by charitable organizations.
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