cryptobriefing.com
18 May 2026 18:36, UTC
Elon Musk lost his case against Sam Altman and OpenAI after a jury ruled Monday that he had missed the legal deadline to bring his claims.
The verdict follows a high-profile three-week trial in which jurors cleared Altman, OpenAI co-founder Greg Brockman and OpenAI of all claims. The jury also dismissed Musk’s accusations against Microsoft, which Musk claimed helped facilitate breaches tied to OpenAI’s move toward a for-profit structure.
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Court testimony showed OpenAI leaders had discussed a for-profit conversion as early as 2017, before OpenAI established a for-profit arm in 2019. Musk did not sue until 2024.
Musk said during the trial that he at first relied on Altman’s reassurances but became frustrated after Microsoft invested $10 billion in OpenAI in 2023 in exchange for intellectual property rights and a share of future profits.
This is a developing story.
