Elon Musk Still Doesn’t Understand How OpenAI Can Get Away with Tax Exemption

I’m still confused as to how a non-profit to which I donated ~$100M somehow became a $30B market cap for-profit. If this is legal, why doesn’t everyone do it?

— Elon Musk (@elonmusk) March 15, 2023

The exempt developer of ChatGPT, Open AI is “stacking paper,” and Elon wants to know what happened to his $100,000,000 charitable contribution.

 See here, here, and here.  If OpenAI gets away with paying private investors “capped profits,” we really have no rule against private inurement or excess benefit and yes, Elon, everybody should do it.      

darryll jones