🚨JUST IN: Robinhood CEO Vlad Tenev says "while it's true that they aren't technically equity," the Stock Tokens still give retail investors exposure to private assets like OpenAI and SpaceX.He adds many companies are eager to join the tokenization revolution. https://t.co/cKfKpdF5Vy ...

Confirmed by Robinhood - Indirect ownership through their share of an SPV:https://t.co/rXarPa4xAtRobinhood Comms (@RobinhoodComms):To cap off our recent crypto event, we announced a limited Stock Token giveaway on OpenAI and SpaceX to eligible European customers. These tokens give retail investors indirect exposure to private markets, opening up access, and are enabled by Robinhood’s ownership stake in a ...

Core Viewpoint - The conflict between Elon Musk and President Trump over the "Big and Beautiful Act" highlights a significant ideological clash regarding the future of the clean energy industry in the U.S. and its implications for Tesla and SpaceX [1][9]. Group 1: Legislative Developments - The "Big and Beautiful Act" has passed a critical legislative hurdle with the support of Vice President Vance, moving closer to official enactment [1]. - The act includes provisions that reduce electric vehicle purchase subsidies and limit financial support for clean energy projects, which has provoked strong reactions from Musk [3]. Group 2: Impact on Tesla - Musk's opposition to the act stems from its potential to undermine Tesla's market competitiveness, particularly as the U.S. is the largest oil consumer and low oil prices already limit electric vehicle adoption [5]. - Financial data indicates that Tesla's revenue is projected to decline by 9.2% year-on-year in Q1 2025, with net profits plummeting by 70% [5]. Group 3: Broader Implications for SpaceX - The financial interdependence between Tesla and SpaceX means that a decline in Tesla's profitability could jeopardize funding for SpaceX's projects, including the ambitious Mars colonization plan [7]. - The cancellation of electric vehicle subsidies could lead to a significant reduction in cash flow for Tesla, which is crucial for supporting SpaceX's research and development [7]. Group 4: Ideological Conflict - The clash between Musk and Trump represents a broader ideological struggle between idealism and practical politics, with Musk's vision for clean energy and space exploration at stake [9][11]. - Musk's fierce opposition to the act reflects his commitment to his life goals, which include establishing a sustainable energy system and advancing human space exploration [5][11].

金十数据7月3日讯，今天凌晨4点，OpenAI发布了紧急公告，称这些"OpenAI代币"并非OpenAI的股 权。并未与Robinhood合作，也未参与此事，同时不对此表示认可。任何OpenAI股权的转让均需获得 OpenAI批准，而其并未批准过任何转让行为。该事件起源于6月30日，Robinhood在法国戛纳举办的一 场欧洲加密金融峰会上宣布了一项重大计划：面向欧盟与欧洲经济区用户推出一项名为"股票代币"的新 型交易产品。这项创新允许投资者通过区块链技术，以代币形式全天候交易超过200种美国股票与 ETF，包括了如特斯拉、英伟达以及一些尚未上市的私有企业包括OpenAI和SpaceX。 Robinhood(HOOD.O)美股盘后跌超2%。 OpenAI否认与Robinhood代币有关 ...

It makes sense that there’s probably indirect exposure to the underlying private shares through a third party agreement ( like this)However probably a legal disclaimer from OpenAI should their be a dispute around ownership, as ultimately entitled to the name on the share registryDavid Hoffman (@TrustlessState):Speculation:During the presentation, Vlad specifically mentioned having a relationship with a wealthy investor with OpenAI / SpaceX shares.These shares could likely still be under the original investo ...

Group 1 - OpenAI has distanced itself from Robinhood's offering of tokenized shares, clarifying that these "OpenAI tokens" are not actual equity and that they did not partner with Robinhood [1] - OpenAI emphasized that any transfer of its equity requires approval from the company, which was not granted in this case, and advised users to exercise caution [1] - Robinhood launched the tokenized shares as part of a broader product showcase, which contributed to a surge in its stock price, reaching an all-time high above $100 [1] Group 2 - A Robinhood spokesperson stated that the tokens provide retail investors with indirect exposure to private markets, facilitated by Robinhood's ownership in a special purpose vehicle [2]

Alternative Investments & Regulatory Landscape - Republic (excluding Robinhood) offers instruments mimicking the price of companies like SpaceX, explicitly stating no affiliation with the underlying company [1] - These instruments function as notes for future upside, contingent on a liquidity event [1] - The backing of these instruments is unclear, potentially involving the issuing company purchasing shares or the dollar equivalent [1] - This practice leverages an SEC crowdfunding exemption, allowing private companies to raise up to $5 million in securities from retail investors [1] Tokenized Securities & Disclaimers - "OpenAI tokens" are not OpenAI equity, and OpenAI has not partnered with Robinhood or endorsed them [1] - Any transfer of OpenAI equity requires OpenAI's approval, which has not been granted [1] - The industry advises caution regarding these types of investments [2]

Group 1 - Tesla's deliveries from April to June totaled 384,122, marking a 13.5% decline compared to the same period last year, indicating a continued slump in production [1] - Wall Street analysts had anticipated approximately 1,000 more deliveries than reported, highlighting a significant shortfall in expectations [1] - Tesla's profits for the first quarter fell by 71% to $409 million from $1.39 billion, with revenues dropping 9% to $19.3 billion, which were also below forecasts [9] Group 2 - Despite the negative delivery figures, analysts at Wedbush expressed optimism about Tesla's future, citing advancements in autonomous driving, robotics, and other technologies as key growth drivers [6] - The stock price of Tesla experienced a 5% decline earlier in the week but rebounded with a 4.5% increase on Wednesday, suggesting some recovery in investor sentiment [6] - The upcoming financial details for Tesla are expected to be published later this month, which may provide further insights into the company's performance [7]

Core Viewpoint - SpaceX is planning to develop a large private recreational complex near its Starlink factory in Texas, indicating the company's ongoing expansion in the state [1] Group 1: Project Details - The project, named "Project Echo," will include multiple basketball courts, pickleball courts, picnic areas, and possibly a floating deck for kayaking [1] - The complex will be exclusively for employee use and will occupy several acres of land [1] - SpaceX is expected to invest several million dollars into this project [1] Group 2: Factory Operations - The recreational complex will be adjacent to SpaceX's factory in Bastrop, Texas, which is the primary production site for Starlink satellite internet terminals [1] - The factory produces approximately 15,000 terminals and components daily [1]

Elon Musk’s SpaceX is planning to develop a sprawling private recreation complex on land adjacent to his Texas Starlink factory https://t.co/4wl1ufNlhX ...