OpenAI

Judge Denies Musk’s Bid to Halt OpenAI’s For-Profit Transition; Expedited Trial Possible

A federal judge has denied Elon Musk's request for a preliminary injunction to prevent OpenAI from converting to a for-profit entity

Musk-Led Consortium Bids $97.4 Billion for Control of OpenAI

On February 10, 2025, a consortium led by Elon Musk made a $97.4 billion offer to take control of OpenAI’s nonprofit arm, escalating tensions between Musk and OpenAI CEO Sam Altman. The bid, which includes backing from Musk’s AI startup xAI, Baron Capital, and other investors, seeks to realign OpenAI with its original nonprofit mission. Altman swiftly rejected the offer, responding on X (formerly Twitter), "no thank you but we will buy twitter for $9.74 billion if you want."

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