Doesn't Elon do the same thing such as when SpaceX bought a fleet of Cybertrucks?
Just sounds like how the rich move wealth around to stay/look wealthy.
this post was submitted on 16 May 2026
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Or when SpaceX bought Grok?
Or when Tesla bought SolarCity
OR WHEN THIS MOTHERFUCKER STOLE OUR MONEY AND CONSISTENTLY EVEN RIGHT NOW CONVINCED US THAT ITS OKAY THAT WE'RE NOT RANSACKING EVERY PUBLICLY LISTED PERSON OR PROPERTY THAT ENABLE(S/D) IT?
I dont know that people really recognize that its their money being stolen.
Or when grok bought Twitter
Even if proven and convicted, none of these rich fucks will ever see any consequences beyond a slap on the wrist fine -- almost certainly a fine much smaller than the profits they made through this fraud. And then, just out of spite, they'll appeal it in a higher court and get the fine reduced or tossed out entirely.
You have WAY too much faith in the American court system. Don't worry, you too will get disillusioned. Just give it some time.
Correct. Sounds like extracurricular activies are in order.
He's just another con man shoving snake oil on society.
Just another conman with a physical location. You can't hide from 8 billion people.
how the fuck does he have those kinds of assets despite never coming close to delivering a profit?
He profits just fine. The companies not so much.
Just like the circular deals 90% of the "profits" we've seen reported by these AI companies is just fake money
They don't really report profits since so much is circular. They just increase both sides of the profit/loss equation at once which makes them look bigger without actually making any profit.
If you, I and a third person create three companies and just pass the same 100 dollar bill in a circle 10 times a minute as full time jobs 48 weeks a year ignoring holidays, we'd each have 115 million in revenue to report. We'd just also each have 115 million in expenses so there's no profit.
Like altcoin exchanges, except real companies are now the altcoins
OpenAI has raised a total of around $180B. He just took ~1%.
You thought he was non profit? Dudes probably pocketing 30-40% of the companies money
AI clowns? Self dealing?
Surely impossible.
Only two industries left in America: gambling and fraud. And AI is definitely in the 'fraud' category.
It’s also kind of gambling on getting useful results
It’s surely not self-dealing. It’s his AI that does business with those companies, not him, so it’s all legal.
Musk’s claims include breach of charitable trust and unjust enrichment.
Seriously. A billionaire is accusing another billionaire of unjust enrichment ? Every billionaire ever is by definition guilty of unjust enrichment. There's simply no other way to become a billionaire.
The company, which is aiming to build the world’s first fusion power plant, does not generate any revenue but has been valued in the private market at $5.4 billion.
This is honestly insane. A company that produces nothing and is almost certainly a scam is valued at $5.4 billion? Valued by whom?
He sucks almost as much as musk. Thiel is still supreme vermin though.
How much is that percentage wise? Because 2 billion of Nvidia ain't that much
Nahh... He's too rich. As long as he doesn't overtly steal from the rich, he'll be fine. There is no accountability for people that wealthy because wealth is value and power in the western world. Steal from the poor, you get rich; steal from the rich, you go to prison..
This was a well-discussed standard corporate recusal.
Which ignores his obvious influence outside of the vote. It is "standard", but it doesn't change a damn thing, which of course, they all know very well. They all sit on each other's boards, and exclude, as well they can, any other shareholder from gaining a seat.
also questioned Altman about a $10 billion computing deal with Cerebras, in which Altman holds a stake worth $3.2 million.
It's a $20B deal. Covering just first 3 years of full datacenter lease. It's a bit strange of a deal where 3 year lease payments are higher than cost of datacenter, and an Nvidia alternative would have better economics, even if Cerebras can do some things well. Altman with a personal stake, can explain OpenAI's generosity in the deal.
I continue to wonder why haven't the American people done what they should have been doing already and.... do what they need to do?
The well armed and tremendously violent police who visciously beat or kill citizens all still walk free in the US. Anyone who admits to not loving fascism is legally consideted a violent terrorist. Thats the math american citizens are working with. And the dems are barely any better than the repubs. Thats before we even begin to talk about US support of massive crimes against humanity, unanimous from both parties.
what does that mean here? if sam altman was gone, the looming AI problem is solved? realistically, what exactly do americans need to do