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Jury rules against Elon Musk in court battle against Sam Altman, OpenAI
The advisory jury found Musk filed too late, clearing OpenAI to press ahead with a potential initial public offering worth nearly $1 trillion.
- A jury in Oakland, California, rejected Elon Musk's claims against OpenAI CEO Sam Altman, concluding three weeks of testimony in the high-profile lawsuit over the company's for-profit conversion.
- Musk sued OpenAI in 2024, alleging executives "stole a charity" by abandoning its founding nonprofit mission despite his roughly $38 million donation intended for development "for the benefit of humanity."
- OpenAI's legal team argued restructuring was necessary to compete with Google DeepMind, while also revealing Musk had previously pushed to fold the company into Tesla.
- Musk's team sought $134 billion in "ill-gotten gains" and removal of executives, though District Judge Yvonne Gonzalez Rogers must now confirm the advisory jury's verdict.
- The verdict arrives as both billionaires prepare companies for public markets; OpenAI recently raised $122 billion at a valuation of over $850 billion, while SpaceX, valued at $1.25 trillion, may publish its IPO prospectus this week.
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A U.S. court dismissed Elon Musk's lawsuit against OpenAI and its chief Sam Altman – for the limitation of the incidents.
Jury clears OpenAI and Sam Altman in Elon Musk lawsuit
OpenAI’s legal victory over Elon Musk gives Sam Altman and the company an important courtroom win, but it does not resolve the deeper argument at the center of the fight: whether OpenAI’s shift toward commercial partnerships betrayed the ideals on which it was founded. A federal jury in Oakland, California, found Altman, OpenAI president Greg Brockman, OpenAI itself and Microsoft not liable in Musk’s lawsuit. The decision turned on timing. Juror…
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Total News Sources607
Leaning Left107Leaning Right82Center148Last UpdatedBias Distribution44% Center
Bias Distribution
- 44% of the sources are Center
44% Center
L 32%
C 44%
R 24%
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