Sam Altman and OpenAI Beat Elon Musk in Court, Paving the Way for a Potential IPO

A federal court dismissed Elon Musk’s lawsuit against Sam Altman, OpenAI and Microsoft as filed too late.

The jury found the claims were outside the statute of limitations, and Judge Yvonne Gonzalez Rogers threw out the case.

Musk may appeal, but the ruling removes a major legal hurdle for OpenAI’s nonprofit-to-for-profit shift and potential IPO.

The decision lets OpenAI keep pushing toward a public-market debut without immediate pressure for governance changes or damages.