Agreed 100% we are both speculating at motives. So if we set that aside the question then becomes would it be better for institutional shareholders to have this 5% or for a wealth fund like the Alaska permanent fund to have it.
Even in a case of this being about bribing the trump admin it would result in all future administrations having access to this as well. This would require a bill in Congress to implement so I say support it and look at the bill to see if there is a way that trump or someone else can abuse it, then we can get out the pitchforks
This is quite a take. Ownership equates to subsidies? So elon musk is the largest subsidized of space x and has absolutely 0 to gain from owning the stock? What is it that openai is gaining by giving away free stock? The only thing they are "gaining" is less control over their company and less ability to raise investment.
The gymnastic backflips I see happening in this thread are intense. A sovereign wealth fund DOES flip stocks back onto the market, that's the whole point. Look at Norway's ~$2 trillion sovereign wealth fund sells about 3% per year. (Similar for the Alaska permanent fund)
Assuming you mean HELOC how in the world is this anything like a HELOC? If a HELOC was the bank giving me free stocks I get to own forever and do whatever I want with I would he getting them every chance I get.