Why is Elon Musk suing OpenAI?

Elon Musk is suing OpenAI, alleging it abandoned its non-profit status and seeking billions in damages for alleged wrongful gains.

How much money is Elon Musk demanding from OpenAI?

Elon Musk is demanding between $79 billion and $134 billion from OpenAI and Microsoft in his ongoing lawsuit.

What is OpenAI's current valuation according to Musk's lawsuit?

According to Elon Musk's lawsuit, OpenAI's valuation is $500 billion, and he claims a portion of it.

Home / Business and Economy / Musk vs. OpenAI: $134B Lawsuit Unveiled

Musk vs. OpenAI: $134B Lawsuit Unveiled

17 Jan

•

Summary

Musk seeks $79B-$134B from OpenAI and Microsoft.
He claims a share of OpenAI's $500B valuation.
Lawsuit alleges OpenAI violated its non-profit status.

Elon Musk's legal battle with OpenAI has revealed substantial financial claims, with a recent filing asserting he is owed between $79 billion and $134 billion. This figure represents alleged "wrongful gains" by OpenAI and Microsoft, stemming from Musk's belief that OpenAI has strayed from its original non-profit mission.

Musk argues he is entitled to a share of OpenAI's current $500 billion valuation, highlighting his initial $38 million in seed funding and crucial support in recruiting key personnel. Financial expert C. Paul Wazzan's calculations suggest OpenAI's wrongful gains fall between $65.5 billion and $109.43 billion, with Microsoft accruing an additional $13.3 billion to $25.06 billion.

The dispute formally began in March 2024, when Musk accused OpenAI of violating its non-profit status. The legal action later included Microsoft as a defendant, and Musk sought an injunction against OpenAI's corporate restructuring. Beyond this, Musk is involved in a separate case against OpenAI and Apple, alleging monopolistic practices affecting his company, xAI.