Elon Musk mocked OpenAI’s objection to Robinhood’s tokenized shares by questioning the legitimacy of OpenAI’s actual equity structure

Quotes that support claims

Shortly after OpenAI’s warning, Elon Musk replied on X to the company’s post, writing, “Your ‘equity’ is fake,” further fueling debate over the legitimacy of tokenized shares.

After OpenAI said the “OpenAI tokens” don’t represent real equity, Elon Musk replied by calling OpenAI’s actual equity fake.