The anti-Delaware sentiment has at least some political motivations. While aligning themselves with President Donald Trump, executives like Musk and Ackman are trying to publicly undermine what they describe as "activist judges" who have issued rulings they found disagreeable.
Musk also has a lot of money potentially at stake. If adopted, legal scholars have argued, the new law could help the world's richest person in his effort to reverse the court's order in January 2024 that rescinded his mammoth pay package.