Elon Musk and Investors Make $97 Billion Bid to Acquire OpenAI 🚀

Elon Musk and a group of investors have offered over $97 billion to acquire OpenAI’s nonprofit parent, escalating his battle with CEO Sam Altman over the company’s future. Musk’s attorney submitted the bid Monday, arguing that OpenAI should return to its original open-source mission. Altman dismissed the offer, responding on X with a mock counteroffer to buy Twitter for $9.74 billion. Musk’s attorney urged attorneys general in California and Delaware to open bidding for OpenAI, arguing the nonprofit may be undervalued in its transition to a for-profit entity. OpenAI dismissed Musk’s legal claims as unfounded.