Elon Musk will withdraw his nearly $100 billion bid for OpenAI if it remains a nonprofit, lawyers say
- Elon Musk will abandon his $97.4 billion offer to buy OpenAI if it remains a nonprofit organization, according to legal filings.
- OpenAI CEO Sam Altman stated that the company is not for sale after Musk's unsolicited bid.
- Musk criticized Altman's management as comparable to a nonprofit becoming a lumber company during a videocall at the World Governments Summit.
90 Articles
90 Articles
Buying OpenAI: Why does Elon Musk want to prevent the company from becoming for profit at all costs?
In court documents, lawyers of the richest man in the world assure that he will abandon his buy-back proposal to almost 100 billion dollars if OpenAI renounces changing status. But... why?
Why Elon Musk offered to buy the OpenAI nonprofit
Elon Musk in the Oval Office of the White House on February 11, 2025. | Aaron Schwartz/CNP/Bloomberg via Getty Images It’s been a busy week for Elon Musk. He says he’s saving taxpayers billions of dollars (though outlays from the Treasury Department are public and make it pretty clear he hasn’t); he bragged that he fed USAID “into the woodchipper,” an aide on his Department of Government Efficiency was revealed to have said this summer to “norma…
Coverage Details
Bias Distribution
- 41% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage