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Musk closes arguments to hit OpenAI leaders with $150 billion fight over its mission
International
Published on 14 May 2026
Jury may decide OpenAI's future with remedies on Monday
Elon Musk’s lawsuit against OpenAI and CEO Sam Altman is entering its final stages in Oakland, California, as lawyers deliver closing arguments. Musk alleges OpenAI betrayed its safe-AI charitable mission by turning the nonprofit into a profit engine to enrich insiders, claiming he was steered into a $38 million gift before the nonprofit was linked to a for-profit structure and major investor funding. OpenAI argues the model strengthens the mission, while Musk seeks about $150 billion and leadership removals.
- Closing arguments are set in Oakland federal court
- Musk alleges leaders “stole a charity” and pivoted for profit
- Musk claims he was manipulated into a $38 million contribution
- He seeks about $150 billion in damages and leadership removals
- OpenAI says the for-profit structure strengthens its mission
- Microsoft partnership spending exceeds $100 billion, per testimony
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times