As Musk Takes OpenAI to Court, Its $130 Billion Philanthropy Bet Faces a Trial

OpenAI has converted into a for-profit public benefit corporation, while its nonprofit foundation kept a 26% stake valued at about $130 billion.

Elon Musk is suing OpenAI, Sam Altman, and Microsoft, arguing the company abandoned its nonprofit mission.

The trial could affect OpenAI’s leadership, corporate structure, and any future IPO plans.

The case may also decide whether OpenAI can keep its public-benefit framing while operating as a profit-driven AI company.