All articles tagged with #musk
Speculation about a SpaceX-Tesla merger is buoyant in some circles (Wedbush’s Dan Ives sees a tie-up by next year) but markets are split, with Kalshi traders pricing much lower odds. Timing has swung wildly as investors weigh Musk’s AI ambitions and projects like Terafab; no deal has been announced and any intercompany agreement would require approval.
In the Oakland civil case over OpenAI’s move from nonprofit to for‑profit, a unanimous jury found Musk’s breach claims time‑barred by the statute of limitations, ending the case on a procedural issue rather than merits. Musk has signaled an appeal, while Altman and OpenAI press on with strategies and IPO plans; the trial nonetheless revealed internal communications and tensions shaping AI’s Silicon Valley power dynamics.
The Musk v. OpenAI trial ended on a procedural note with the case barred by the statute of limitations, but it exposed the AI industry’s drift from humanitarian rhetoric toward money, power and internal rivalries—highlighting donor-driven restructurings and merger talks—while public trust in AI remains low and OpenAI continues to expand.
A California jury unanimously ruled Elon Musk’s lawsuit against OpenAI and CEO Sam Altman time-barred by the statute of limitations, leading to a dismissal; Musk had accused Altman of deceiving him by accepting a $38 million donation and then shifting OpenAI from a nonprofit mission to a for-profit, with witnesses including Musk, Altman, and Microsoft’s Satya Nadella, and Musk testifying that 'it's not OK to steal a charity.'
Microsoft is trying to stay out of the Musk v. Altman OpenAI trial, with Satya Nadella appearing only mildly and the company largely absent from the communications and witnesses; The Verge notes the opening statements resembled an ad for Microsoft, and Nadella described OpenAI’s 2023 board drama as ‘amateur city,’ underscoring that the trial has become more about gossip and theater than a decisive corporate moment for Microsoft.
Microsoft CEO Satya Nadella testified in the Musk v. Altman OpenAI trial, detailing the long-running Microsoft-OpenAI partnership, including Musk thanking Nadella for support in 2016 and not complaining about the deal, and Nadella calling Altman’s 2023 ouster 'amateur city' as he argued the company needed to stabilize OpenAI so Copilot and related products could continue, a stance that could bolster OpenAI and Microsoft as closing arguments loom.
A reporter chronicles Elon Musk’s lawsuit against Sam Altman and Greg Brockman over OpenAI’s nonprofit-to-profit shift, staged in an Oakland courtroom before Judge Yvonne Gonzalez Rogers. The high-profile clash mixes billionaire egos, high-stakes legal wrangling, and outside protests as Musk and Brockman testify, with Satya Nadella and Ilya Sutskever expected to weigh in and a verdict anticipated soon.
Shivon Zilis testified during Elon Musk’s lawsuit against OpenAI that Musk proposed giving Sam Altman a seat on Tesla’s board as part of discussions about OpenAI’s corporate structure and for‑profit plans; the testimony also touched on Musk’s attempts to recruit OpenAI talent and his broader AI ventures, as the trial examines whether OpenAI’s nonprofit origins were abandoned and how closely Musk was involved with the company’s direction.
U.S. District Judge Yvonne Gonzalez Rogers oversees Elon Musk’s $150 billion lawsuit against OpenAI in California, accusing it of breaching a charitable trust after OpenAI created a for-profit arm and released ChatGPT. Musk’s attempt to act as his own counsel drew a firm rebuke from the judge—“That’s not how it works, you’re not a lawyer”— underscoring her tight control of the courtroom. A nine‑person jury will render advisory findings, but Gonzalez Rogers will issue the final ruling in a case that sits among her most watched tech litigations.
OpenAI says Musk’s pre-trial coercive message to Brockman — threatening he and Sam Altman would be the most hated men in America if claims were dropped — may be admitted to show motive in the Musk‑OpenAI trial, as Brockman testifies and the judge decides admissibility amid Musk’s on-the-stand performance.
Week 1 of the Musk v. Altman case in Oakland drew about 200 spectators at any given time to the federal courthouse, watching from inside or an overflow room, while outside a Musk cutout signaled the high public interest amid the trial’s tightly controlled proceedings.
Elon Musk spent three days on the witness stand in his high-stakes lawsuit against OpenAI in Oakland, recounting his life story and clashing with OpenAI’s attorney during cross-examination as Judge Yvonne Gonzalez Rogers enforced a tight schedule; Musk accuses Sam Altman of deceiving him into donating $38 million to OpenAI and seeks billions in damages plus Altman’s removal, while Altman appeared at times. Protesters gathered outside and a crowded courthouse highlighted the drama surrounding the case, including security lines, seating limits, and the judge’s no-nonsense rulings.
Elon Musk and OpenAI CEO Sam Altman head to court in a high-stakes legal battle over OpenAI's beginnings and early governance.
Tesla posted a Q1 profit of $477 million on $22.39 billion in revenue (below expectations) as car sales rebounded; CEO Elon Musk outlined a hefty investment push into self‑driving taxis, humanoid robots (Optimus) and AI infrastructure, with capital expenditure forecast above $25 billion this year, signaling a shift toward services and automation even as traditional EV sales slow and competition heats up.
Elon Musk amended his lawsuit against OpenAI and Sam Altman, saying he will not seek personal damages and that any recovered profits (potentially up to $134 billion per his expert) should be returned to OpenAI’s charitable nonprofit; the filing seeks to unwind OpenAI’s for-profit conversion and restore its nonprofit status, with the trial looming and OpenAI labeling the move as harassment.