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OpenAI, a start-up valued at $157 billion, is considering giving its non-profit board special voting rights to defend the power of its directors in an effort to fend off Musk's unsolicited takeover offer. CEO Sam Altman and other board members are weighing a range of options following OpenAI's transformation into a more traditional for-profit company, according to people familiar with the discussions.
Regarding the SEC's indictment of Musk for alleged securities violations, Fox Business News reporter Charles Gasparino wrote that people close to the SEC revealed that this is a middle finger raised by the Democratic majority, not only against Musk, but also against Trump and his nominee for SEC chairperson Paul Atkin, in a blatant attempt to divide law enforcement and the White House with a rather minor violation.
Musk released PEPE-related pictures and text on X to make a funny Pepe meme about making Pepe memes. (Make a funny Pepe meme about making Pepe memes.)
According to Bloomberg, investors have withdrawn their appeal against Elon Musk's alleged manipulation of the price of Dogecoin, officially ending the legal dispute.
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