Key Takeaways
- After OpenAI stated the “OpenAI tokens” don’t signify actual fairness, Elon Musk replied by calling OpenAI’s precise fairness faux.
- Musk has repeatedly and publicly criticized OpenAI’s revenue mannequin and transparency.
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OpenAI’s key early backer Elon Musk reacted to the corporate’s latest warning that “OpenAI tokens,” apparently linked to Robinhood’s inventory token giveaway, don’t signify fairness.
The tech mogul stated the OpenAI fairness is faux, whereas staying silent on Robinhood’s inventory tokens, which additionally embrace ones providing oblique publicity to SpaceX, the corporate he leads.
Your “fairness” is faux
— Elon Musk (@elonmusk) July 2, 2025
Musk’s remark seemingly strengthened his ongoing critique of OpenAI’s company construction. He has repeatedly voiced criticism because the firm shifted from a nonprofit to a for-profit mannequin.
The CEO of Tesla has lengthy argued that the transition violated its founding rules. He has accused OpenAI of drifting from its unique mission of public profit and openness, elevating issues about OpenAI prioritizing business partnerships and investor returns over transparency and the general public good.
Technically, they aren’t equities
In response to OpenAI’s earlier assertion, Robinhood CEO Vlad Tenev clarified that inventory token giveaways aren’t technically fairness. Nonetheless, they supply retail buyers with efficient publicity to personal belongings.
“Our giveaway crops a seed for one thing a lot greater, and since our announcement we’ve been listening to from many personal corporations which can be keen to hitch us within the tokenization revolution,” Tenev famous.
Robinhood has joined various trade gamers like Kraken and Bybit to allow non-US buyers to commerce tokenized variations of quite a few US shares. The platform’s inventory and ETF tokens are completely accessible to European buyers.
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