Elon Musk Seeks Up to $134 Billion from OpenAI, Microsoft in Damages Lawsuit

Technology
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Moneycontrol•17-01-2026, 13:28
Elon Musk Seeks Up to $134 Billion from OpenAI, Microsoft in Damages Lawsuit
- •Elon Musk is suing OpenAI and Microsoft for $79 billion to $134 billion, alleging OpenAI defrauded him by abandoning its non-profit mission and aligning with Microsoft.
- •The demand was detailed in a court filing after a federal judge rejected OpenAI and Microsoft’s attempt to avoid a jury trial, with the case set for late April.
- •Musk's legal team, using economist C. Paul Wazzan's analysis, claims he is entitled to a portion of OpenAI's $500 billion valuation due to alleged deceptive conduct.
- •Musk, a co-founder who donated $38 million, seeks damages far exceeding his initial investment, accounting for financial and non-monetary contributions.
- •OpenAI has called the lawsuit "baseless" and part of a "harassment" pattern, while Musk accuses OpenAI of becoming a "closed source, maximum-profit company" under Microsoft's influence.
Why It Matters: Elon Musk is suing OpenAI and Microsoft for billions, alleging fraud and abandonment of OpenAI's non-profit mission.
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