Jury will decide on lawsuit between Tesla CEO Elon Musk and OpenAI CEO Sam Altman.
In the final week of the Musk v. Altman legal battle, lawyers cross-examined each other on credibility issues, with Altman accusing Musk of being a power-seeker while defending his own history with OpenAI.
The dispute centers around whether OpenAI should remain a nonprofit and the fate of 2025 restructurings that converted it into a public benefit corporation, potentially affecting an IPO valuation nearing $1 trillion for the firm.
For builders and operators in the AI sector, this trial highlights ongoing tensions between major players and the importance of corporate governance in emerging technologies. The jury’s verdict could have significant implications on competitive landscapes and regulatory approaches to AI development.
With the jury beginning deliberations, key developments will include the final verdict, its enforcement by a judge, and how both companies navigate the aftermath—particularly as Musk plans for his own AI venture xAI’s potential public offering later this year.
What matters
- Lawyers for Elon Musk and Sam Altman sparred over each other’s integrity during trial.
- Outcome could impact OpenAI’s plans for an IPO and Musk’s xAI company.
- Musk seeks to unwind OpenAI restructuring and $134 billion in damages.
Why it matters
Musk seeks to unwind OpenAI restructuring and $134 billion in damages.
This GenAI News article was prepared in original wording using reporting and materials published by MIT Technology Review AI. Source reference: https://www.technologyreview.com/2026/05/15/1137357/musk-v-altman-week-3/.
Drafted by the GenAI News review pipeline.