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News on Medial
How Elon Musk secretly tried to oust a Texas prosecutor
Livemint
·
10m ago
Medial
Elon Musk secretly funded a campaign in an attempt to unseat District Attorney José Garza in Travis County, Texas. Musk's involvement came to light as a group called Saving Austin, primarily funded by Musk, sent out fliers and ads attacking Garza in the Democratic primary race. This move signals Musk's increasing engagement in politics, as he has previously supported Trump and expressed interest in countering the influence of George Soros. Garza ultimately won the primary and is expected to win the general election. The funding was channeled through a tax-exempt organization, keeping the donors anonymous.
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Grimes says Elon Musk wants to 'cherry pick' intel from their nannies and not let them testify in her favor in their custody battle
Business Insider
·
1y ago
Medial
According to court records obtained by Business Insider, Grimes has accused Elon Musk of blocking access to their nannies in their custody battle. She claims Musk is using non-disclosure agreements (NDAs) to cherry-pick information from the nannies instead of allowing them to provide testimony favorable to her. The couple filed child custody lawsuits against each other in Texas and California, with Musk arguing that Texas is the kids' home state. The case could have significant implications for Musk, as child custody payouts in Texas are capped, while California has no cap.
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Elon Musk uses Grimes' own tweets in attempt to prove she lived in Texas
Business Insider
·
1y ago
Medial
According to court records, Elon Musk has brought Grimes' social media posts into their custody battle. Musk argues that Grimes' posts about living in Texas support his claim that the state should have jurisdiction over the case. Both Musk and Grimes filed child custody lawsuits against each other in September in Texas and California. Musk cited several tweets from Grimes as evidence that she resided in Texas, contradicting her claim of moving to California. The outcome of the case will determine which state has jurisdiction and potential child support payments.
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Elon Musk seeks Tesla shareholder vote on moving incorporation to Texas
Economic Times
·
1y ago
Medial
Tesla CEO Elon Musk has announced plans to hold a shareholder vote for transferring the company's state of incorporation from Delaware to Texas. This comes after a judge invalidated Musk's $56 billion pay package and criticized the directors who negotiated it. Musk, who has already moved Tesla's headquarters to Texas, expressed his preference for incorporating in Texas and conducted a poll, with over 87% of votes in favor of the shift. This move aligns with Musk's larger interest in Texas, where several of his other companies also have operations.
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Musk shifts Neuralink incorporation from Delaware to Nevada as he rails against $55 billion pay ruling
Business Insider
·
1y ago
Medial
Elon Musk has shifted the incorporation location of his brain-chip implant company Neuralink from Delaware to Nevada. The move comes after legal setbacks for Musk in Delaware, including a judge striking down his $55 billion pay package. Musk recommended incorporating in Nevada or Texas for shareholders to have more decision-making power. This is not the first time Musk has relocated his companies, previously moving X and expressing his intent to reincorporate Tesla. Delaware is known as the US's incorporation capital, but Musk has criticized it and advocated for Texas as a better option.
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Elon Musk suggests Tesla could leave Delaware after a judge blocked his $55 billion pay deal
Business Insider
·
1y ago
Medial
Elon Musk has expressed his dissatisfaction with the state of Delaware after a judge ruled against his $55 billion compensation package for Tesla. Musk took to Twitter suggesting that companies should never incorporate in Delaware and recommended incorporating in Nevada or Texas instead. He even posted a poll asking users whether Tesla should change its state of incorporation to Texas, where its headquarters are located. This ruling threatens Musk's position as the world's richest person.
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Elon Musk says SpaceX has moved its incorporation to Texas from Delaware
Economic Times
·
1y ago
Medial
SpaceX, the rocket company founded by Elon Musk, has officially moved its state of incorporation from Delaware to Texas. This follows Elon Musk's announcement earlier this month that he intends to hold a shareholder vote to move Tesla's state of incorporation to Texas as well. The move comes after a Delaware judge invalidated Musk's $56 billion pay package. Additionally, Musk's brain-chip implant company, Neuralink, recently changed its incorporation location from Delaware to Nevada.
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Musk says SpaceX has moved its incorporation to Texas from Delaware
Reuters
·
1y ago
Medial
Rocket company SpaceX, led by CEO Elon Musk, has shifted its state of incorporation from Delaware to Texas. Musk announced the move on his platform X, formerly known as Twitter, advising companies still incorporated in Delaware to relocate. This development follows Musk's recent proposal to hold a shareholder vote to move Tesla's state of incorporation to Texas. Additionally, his brain-chip implant company, Neuralink, also relocated its incorporation from Delaware to Nevada.
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Elon Musk to relocate SpaceX, X headquarters to Texas protesting new California law on gender identity notification | Mint
Livemint
·
1y ago
Medial
Elon Musk announced that he will move the headquarters of SpaceX and X to Texas following a controversial new California law. The legislation prevents schools from requiring teachers to inform parents about changes in a student's gender identity. Musk expressed frustration with the law and other regulations, stating that it attacks families and companies. He previously moved Tesla's headquarters to Texas as well. Musk has been critical of preferred pronouns and has a strained relationship with his trans daughter, whom he blames on her political beliefs influenced by her California private school education.
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What is the UK 'grooming gangs' scandal seized on by Elon Musk?
Economic Times
·
7m ago
Medial
Elon Musk has recently criticized UK Labour Party leader Keir Starmer, accusing him of enabling "grooming gangs," despite inaccuracies in Musk's claims. The grooming gangs scandal refers to child sex abuse cases by predominantly British Pakistani men, primarily in Rotherham. Investigations revealed failures by authorities. Starmer, as former chief prosecutor, had overseen prosecutions, earning praise for his handling. Despite multiple inquiries, organized child exploitation remains a concern in the UK. Musk's comments have reignited debate.
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SpaceX files to relocate to Texas after Elon Musk's spat with Delaware over pay package
Business Insider
·
1y ago
Medial
SpaceX has filed to relocate its business incorporation from Delaware to Texas following CEO Elon Musk's public criticism of the Diamond State. This move comes after a judge in Delaware recently voided Musk's $55 billion Tesla pay package. Musk has expressed his discontent with Delaware and has already shifted the incorporation of his other companies, Neuralink and SpaceX, out of the state. Although Texas is not yet considered a major business hub like Delaware, Musk has already established many operations in the state, including plans to move Tesla's headquarters to Austin.
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