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Musk said that "OpenAI equity is fake", but has not yet responded to SpaceX currency

2025-07-08 07:00

Odaily News In response to OpenAI's rebuttal to Robinhood's claim that it had not authorized it and that the so-called "OpenAI Coin" was not OpenAI's equity, Musk, OpenAI's "mortal enemy", responded on the X platform: "Your "equity" is fake." It is not yet clear whether Musk is saying that "OpenAI Coin" is fake equity or that OpenAI's own equity is simply a castle in the air. It is worth noting that the stock coins issued by Robinhood also include SpaceX coins, but Musk has not responded to this.
Previous analysis has pointed out that OpenAI is currently completing a major reorganization, and its Chief Financial Officer Sarah Friar has made it clear that this structural reform is to pave the way for a possible IPO in the future. However, if Robinhood launches token equity without authorization, it may not only shake the equity structure, but also pre-price it, interfere with market expectations and potential investor confidence, and create instability.
For reference: " OpenAI denounces Robinhood for being unauthorized. Whose interests are affected by stock tokenization? "