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Musk says xAI shares will go directly to the public instead of a Public Benefit Fund

1 article1 sourcesince Oct 18Last article 1h ago ·

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Elon Musk says he will give shares directly to the public instead of placing them in a Public Benefit Fund, according to a post by Andrew Curran on X. Curran reports the statement as a reply to OpenAI's April proposal for a Public Wealth Fund, which would distribute returns to US citizens as a dividend.

The report does not include details on the number of shares, timing, or eligibility for the distribution.

Written by AI from the articles below · updated Oct 18, 9:49 PM ET

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Latest developmentOct 18, 9:35 PM ET
Elon says that instead of putting shares into a Public Benefit Fund he will be giving shares directly to the public. Back in April, OpenA...

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Oct 18
  1. Andrew CurranX
    Elon says that instead of putting shares into a Public Benefit Fund he will be giving shares directly to the public. Back in April, OpenA...

    AIElon Musk says he will give shares directly to the public instead of placing them in a Public Benefit Fund. OpenAI proposed a Public Wealth Fund in April that would distribute returns directly to US citizens as a dividend.

    Image from @AndrewCurran_'s post

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