Birdwatch Note Rating
2024-09-27 22:53:56 UTC - HELPFUL
Rated by Participant: F07F48083A26E7920CF8CDBB1E25AD853CA8E3F1BDD8589A9E905FCA0C498653
Participant Details
Original Note:
Elon is technically correct. You can't convert a non-profit into a for-profit. Even the sources listed in the CN shown state that the assets must be sold and then reincorporated. That's not a conversion. OpenAI would need to be sold to open a new for-profit venture. https://www.aprio.com/can-nonprofit-convert-profit/
All Note Details