Elon Musk says OpenAI equity is fake, silent on Robinhood's SpaceX stock token

Elon Musk responded to OpenAI’s disavowal of Robinhood’s tokenized shares by calling OpenAI’s own equity “fake,” reigniting his criticism of the company’s structure and profit model. He remained silent on Robinhood’s similar SpaceX token offering.

July 3, 2025