Elon Musk initiated a $97 billion acquisition proposal alongside investors to buy OpenAI in an unexpected move. CEO Sam Altman reacted with mocking humor to the investment offer by stating that Elon Musk should purchase Twitter which is Formerly Platform X at the price tag of $9.74 billion.
Musk's $97 Billion Offer for OpenAI Mocked by Sam Altman
The Wall Street Journal documented how the investors led by Musk delivered an official business proposal to OpenAI’s board to bring back the nonprofit structure of the organization. Attorney Mark Toberoff presented to the court that OpenAI must receive proper compensation due to its loss of control when transitioning from a nonprofit to for-profit entity.
The response from Altman shows ongoing disagreements persist between him and Musk because the co-founder started supporting OpenAI but separated after developing different strategic visions. OpenAI receives frequent negative comments from Musk regarding its partnership with Microsoft and its refusal to maintain open-source operational standards.
Industry experts express doubt about an OpenAI sale even though investors and their dominant market leadership provide support. The company operates under Microsoft's substantial dominance thus the parent company could resist Musk's attempts at interference.
The rising competition between Musk and Altman shapes discussions about what will happen to OpenAI. The reaction indicates Altman is uninterested in considering Musk's proposed move even though experts debate about its precise nature between a genuine takeover bid and a strategic power play against OpenAI's leadership role.
Altman Mocks Musk’s Offer with Sarcastic X Post
Sam Altman delivered an immediate rejection to Elon Musk's $97 billion attempt to acquire OpenAI. He straightforwardly answered "No thanks" to show that he would not entertain the idea of discussion.
Altman used Twitter (X) as the target of his mockery by making a funny offer to buy Twitter (X) for $9.74 billion in case Musk showed any interest. The remark drew criticism from observers since Musk purchased Twitter for $44 billion two years ago to transform it into X.
The exchange deepens the existing tension between Altman and Musk because his remark intensifies their ongoing competitive relationship. It becomes evident from Altman's response that he plans to keep OpenAI under his leadership since he declined to review Musk's proposal.
The legal conflict between OpenAI and Elon Musk reaches an intensified stage
Elon Musk launched hisceptive attempt to buy OpenAI while enduring the prolonged legal confrontation with the startup company. Two legal complaints he filed against OpenAI in 2024 blamed the company for forgetting its humanitarian purposes by choosing financial gains over human advancement.
In July 2024 OpenAI faced the first legal complaint from founder Elon Musk which accused the company of moving to a commercial path that risked irresponsible AI development. The second lawsuit from Musk arrived one month later as he accused OpenAI of chasing artificial general intelligence (AGI) profits through “organized fraud” while pursuing speculative goals.
Legal confrontations demonstrate how Musk dislikes OpenAI's current strategies which include their Microsoft alliance alongside moving away from the open-source approach he initially advocated. The conflict between Musk and OpenAI continues to intensify because the situation remains highly strained.
Musk vs. OpenAI: A Growing Rift
Elon Musk played a significant role in the development of OpenAI by joining forces to create this nonprofit organization for responsible AI innovations. He soon lost his faith in OpenAI when it transitioned to become a profit-driven organization following the adoption of limited profit distribution policies. From his perspective the move towards profit-making denied OpenAI's founding purpose which caused Musk to continuously express worries regarding the leadership approach.
As the years passed the dispute between Musk and OpenAI intensified because Musk criticized Microsoft relationship with OpenAI while also expressing concern about the organization's push toward commercial projects. Through his ongoing legal cases and his $97 billion OpenAI acquisition attempt he demonstrates his conviction that the company has strayed away from following its fundamental principles.
The disagreement between Musk and Sam Altman deepens after the latter opposes a merger proposal. Musk supports regulating the public development of AI but OpenAI and Altman focus on speeding up their AI development with industrial alliances.
The existence of OpenAI faces an unknown fate because of the extreme antagonism between the entities. The future relationship between Musk and OpenAI remains up in the air since it remains uncertain if he will persist with the legal fight or try another takeover.
