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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.

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Liberation

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?

7 days ago·Paris, France

Editorial: Musk bid for OpenAI exposes hypocrisy of business model

OpenAI masquerades as a nonprofit despite being founded on the theft of hard work by artists, academics and journalists

8 days ago·San Jose, United States

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Vox

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…

8 days ago·United States

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