Logan Paul 99 Originals SpaceX DAO

    by Tufail: Logan Paul

    The DAO's initial capital put into SpaceX has multiplied in value, which is why distributions are being planned for stakeholders. Logan Paul explains that the DAO holds shares in the company, meaning every single owner of a 99 Original effectively owns shares through this specific structure. SpaceX started a distribution process where recipients must complete forms for tax-related purposes. Paul states he is unsure about the specific administrative details or the exact tax implications involved with those forms. He describes it as some tax business stuff that he doesn't know enough about to explain fully. The core mechanism remains that everyone holding a 99 Original gets shares in SpaceX by way of the DAO.