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Elon Musk OpenAI ICO 2018: Secret Call Notes Reveal Crypto Funding Plans

2 min readSource

Secret internal call notes reveal that Elon Musk agreed to explore an ICO for OpenAI in early 2018. This discovery complicates his current legal battle over OpenAI's profit status.

He shook hands, but his motives were complex. Elon Musk once gave the green light for OpenAI to launch an ICO. Internal call notes from early 2018 show the billionaire agreed to explore a token sale alongside a for-profit transition—a move that starkly contrasts with his later public criticisms.

Elon Musk OpenAI ICO 2018: The Funding Struggle

According to reports on internal notes, Musk was actively involved in discussions to solve OpenAI's mounting compute costs. While he initially supported the idea of a token-based funding model to secure the organization's future, he eventually dropped the concept and exited the board later that year.

This revelation adds a significant twist to the ongoing legal and ideological battle between Musk and Sam Altman. Musk has frequently slammed OpenAI for abandoning its non-profit roots, but these documents suggest he was once open to the very profit-driven mechanisms he now criticizes.

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