Elon Musk has urged businesses to leave Delaware following a clash with its Court of Chancery over a denied pay package. Companies like Andreessen Horowitz, Roblox, and Dropbox have followed suit, seeking a more favorable legal environment in states such as Nevada. Clark County is developing an innovation district focused on tech to attract these corporations. Critics argue that Delaware's status as the 'corporate capital of the world' is being challenged as these companies favor states that promise less legal uncertainty.
Elon Musk's insistence that 'Companies should get the hell out of Delaware' came after a judge denied his pay package, prompting criticism of the state's Court of Chancery.
Various states, notably Nevada, are appealing to businesses by offering a more favorable legal landscape, with companies like Roblox, and Dropbox among those moving corporate operations.
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