Openai's vital early backer Elon Musk responded to folks at work Latest warnings The “Openai tokens” clearly linked to the Robinhood inventory token prizes don’t symbolize equity.
Tech Mogul additionally gives oblique publicity to SpaceX, which he leads whereas nonetheless sustaining silence in Robinhood's inventory tokens.
Your “truthful” is faux
– Elon Musk (@elonmusk) July 2, 2025
Musk's feedback might have bolstered his continued criticism of Openai's company construction. He has repeatedly expressed criticism for the reason that firm moved from a nonprofit to a for-profit mannequin.
Tesla CEOs have lengthy argued that the transition violates institution rules. He accused OpenRai of drifting from its authentic mission of public curiosity and openness, elevating considerations about OpenAI prioritizing industrial partnerships, prioritizing investor transparency and returns on public items.
Technically, they don’t seem to be shares
In response to Openai's earlier assertion, Robinhood CEO Vlad Tenev revealed that the inventory token giveaways are technically unfair. Nonetheless, they supply retail traders with efficient publicity to non-public property.
“Our presents are planting seeds for one thing greater. Since our announcement, we've heard from many non-public corporations that wish to participate within the tokenization revolution.” It's attracting consideration.
Robinhood has joined many trade gamers comparable to Kraken and Bybit, permitting non-US traders to commerce tokenized variations of US shares. Platform stock and ETF tokens are solely accessible to European traders.
