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Delaware is trying to make nice again with corporations after Elon Musk's exit

  • Delaware lawmakers are trying to maintain the state as a top destination for business incorporation after Elon Musk's move to reincorporate both Tesla and SpaceX outside of Delaware.
  • They are considering a bill that would change how deals between corporate leaders and major shareholders are handled, aiming to preserve the business-friendly reputation of the state.
  • The bill has been passed unanimously by the state Senate and will now move to the state House of Representatives for approval.
  • The changes are not intended to lure Musk back, but to ensure that companies considering leaving the state have predictable and consistent regulations.

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