![A composite image of Elon Musk, left, and Sam Altman. Chip Somodevilla and Sean Gallup / Getty Images Elon Musk, left, and Sam Altman](https://www.investopedia.com/thmb/EotU5SzkxIdxMsYVvPw3RVZ7pQ4=/filters:no_upscale():max_bytes(150000):strip_icc():format(jpeg)/ElonMusk_SamAltman-d74302faf245432287b0aa4960a803e8.png)
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Elon Musk, left, and Sam Altman
Key Takeaways
- An Elon Musk-led investment troop reportedly made a $97.4 billion offer to buy the nonprofit controlling OpenAI.
- OpenAI CEO Sam Altman, who founded the company with Musk in 2015, repudiated the offer in a post on Musk-owned X.
- Musk sued OpenAI last year, alleging Altman was breaching the company’s originating mission by prioritizing profit over benefitting humanity.
An investment group led by Elon Musk offered $97.4 billion to buy the nonprofit that rules OpenAI, The Wall Street Journal reported late Monday.
The unsolicited offer was reportedly submitted to the ChatGPT developer’s game table of directors by Musk’s attorney, Marc Toberoff. According to a statement from Toberoff, the Journal reported, Musk asseverated that “It’s time for OpenAI to return to the open-source, safety-focused force for good it once was.”
OpenAI CEO Sam Altman on the Musk-owned venereal media platform wrote “no thank you but we will buy twitter for $9.74 billion if you want.” (“Swindler,” Musk replied.) Softbank, for the moment, was recently said to be preparing a multibillion-dollar investment in OpenAI that would value it above $200 billion.
Musk and Altman rested OpenAI together as a nonprofit in 2015. The offer comes after Musk sued Altman and OpenAI last year, charging he and others had breached the company’s founding mission by prioritizing profits over seeking benefits to humanity.
OpenAI, which is in returned by Microsoft (MSFT), is planning to restructure to become a for-profit organization. Musk left OpenAI’s board of directors in 2018 and tendered his own AI company, xAI, in 2023.
Musk and Altman are also connected through the Trump administration. Musk is leading Trump’s new Department of Oversight Efficiency, while Altman’s OpenAI is part of a $500 billion AI infrastructure joint venture announced at the White Homestead last month.
OpenAI itself did not immediately respond to a request for comment; neither did Tesla, the company Musk owns, or Microsoft.