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Jason Calacanis warns YC founders against accepting free OpenAI tokens for equity, citing platform risks.

Market News
21 Jun 2026
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Bearish
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Jason Calacanis cautioned Y Combinator founders on his podcast against accepting free OpenAI tokens in exchange for equity, arguing it could allow OpenAI to study and potentially absorb the most successful startups' technology. He suggests this move is driven by OpenAI's need to justify its massive $1 trillion valuation by expanding into customer workflows. Calacanis advises startups to shift toward open-source AI models to retain control over their data and content, predicting this will be a major trend in 2027. This warning highlights broader concerns about platform risk and valuation pressures in the AI startup ecosystem.

More News (SPCX)

SpaceX shares fall below IPO price for first time after four days of decline

SpaceX shares fall below IPO price for first time after four days of decline

SpaceX shares dropped below their initial public offering (IPO) price of $135 for the first time after falling for four consecutive sessions. The stock has been volatile since its historic IPO last month, which raised a record $86 billion and made El...

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Starship's 13th test flight could reverse SpaceX stock's 30% drop since IPO.

Starship's 13th test flight could reverse SpaceX stock's 30% drop since IPO.

SpaceX's stock has fallen about 30% since its IPO, nearing its initial price of $135. The upcoming 13th test flight of Starship on July 16 is crucial as it will test key improvements after issues in the last flight, including booster stability and en...

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YieldMax launches YSPC ETF using options strategy on SpaceX to maximize income.

YieldMax launches YSPC ETF using options strategy on SpaceX to maximize income.

YieldMax ETFs introduced the YieldMax SPCX Option Income Strategy ETF (YSPC), which aims to generate income through options-based strategies linked to Space Exploration Technologies Corp. (SpaceX). The fund does not invest directly in SpaceX but uses...

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Leveraged ETFs on Alibaba, Meta, Broadcom, and Nvidia surged 17-35% last week amid strong earnings and AI growth.

Leveraged ETFs on Alibaba, Meta, Broadcom, and Nvidia surged 17-35% last week amid strong earnings and AI growth.

Last week, leveraged ETFs linked to Alibaba, Meta, Broadcom, and Nvidia delivered strong gains ranging from 17% to over 34%. Alibaba-focused ETFs led with over 34% returns, driven by positive earnings previews, AI revenue growth, and share buybacks. ...

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New WisdomTree ETF taps into $1T space economy, including SpaceX and broader space stocks.

New WisdomTree ETF taps into $1T space economy, including SpaceX and broader space stocks.

The WisdomTree Space Economy Fund (WSPC), a new actively managed ETF, launched recently to offer investors exposure to the growing space economy. It includes about 50 stocks, with a 14.19% allocation to SpaceX, and focuses on communication services a...

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