So to be clear, There is no evidence that the SEC takes this seriously at all or is anywhere near conducting an investigation. That’s just what redditors hope will happen, but the reasoning doesn’t seem very strong.

Given the value of Microsoft’s investment in open AI, and given the fact that the value of open AI lies in the employees capable of delivering the technology Microsoft gets from them, it is absolutely rational for Nadella to offer all of them jobs in the event they leave open AI for whatever reason, no “favor trading“ required.

Benioff of salesforce and the CEO of Nvidia were also very publicly offering those same people jobs with no interview. Are they guilty of “favor trading“ too? Or can we just accept that everybody in Silicon Valley wants to hire Altman and his people?

My guess is some people on WallStreetbets are just trying to short Microsoft stock, and they’re hoping if they talk this talk they’ll get the ball rolling on a drop in their share price.