Are Companies Really Reincorporating in Nevada?

Elon’s Musk’s $56 billion pay package’s upheaval, a hedge fund sanctioned for failing to preserve phone messaging, an order striking down a therapeutic firm’s corporate bylaws — all these adverse rulings occurred in Delaware. Could they be leading some companies to seek a new home in Nevada?

In reality, however, most large companies aren’t considering this move, according to data from public company intelligence provider MyLogIQ, which searched reincorporation data from Jan. 1, 2014, to March 8, 2024.