Elon Musk Takes Stand In $134B OpenAI Suit, Vows To Redirect Award To Charity

Markets 2026-04-29 18:44

Elon Musk Takes Stand In 4B OpenAI Suit, Vows To Redirect Award To Charity

Elon Musk took the witness stand in an Oakland federal court on Tuesday as opening arguments began in his $134 billion lawsuit against OpenAI, Sam Altman and Greg Brockman.

Oakland Trial Opens

Musk's lead lawyer, Steven Molo, told a nine-person advisory jury that the defendants "stole a charity," according to coverage from CNBC and NPR. He compared the case to a museum looting its own Picassos.

OpenAI counsel William Savitt pushed back, arguing that Musk simply "didn't get his way" and once tried to fold the lab into Tesla.

Musk testified that he would have backed a safe-AI nonprofit "with or without Sam Altman and Greg Brockman." He has renounced personal damages and pledged any award to OpenAI's nonprofit foundation.

Also Read: Worldcoin Sees $52M In Volume As Digital Identity Narrative Regains Attention

Altman, Brockman At Risk

The two surviving claims, unjust enrichment and breach of charitable trust, seek up to $134 billion returned to the charity, the removal of Altman and Brockman, and a reversion to nonprofit status.

Judge Yvonne Gonzalez Rogers split the proceeding into liability and remedies phases. The trial is expected to run roughly four weeks, with Microsoft chief Satya Nadella and OpenAI co-founder Ilya Sutskever among scheduled witnesses.

Musk co-founded OpenAI in 2015 and left in 2018 after a power struggle. He later launched xAI, while OpenAI evolved in 2025 into a for-profit public benefit corporation under its foundation, the structure now at the center of the dispute.

Read Next: Terra Luna Classic Gains 5.3% As Community Burn Attention Returns

Share to:

This content is for informational purposes only and does not constitute investment advice.

Curated Series

SuperEx Popular Science Articles Column

SuperEx Popular Science Articles Column

This collection features informative articles about SuperEx, aiming to simplify complex cryptocurrency concepts for a wider audience. It covers the basics of trading, blockchain technology, and the features of the SuperEx platform. Through easy-to-understand content, it helps users navigate the world of digital assets with confidence and clarity.

Unstaked related news and market dynamics research

Unstaked related news and market dynamics research

Unstaked (UNSD) is a blockchain platform integrating AI agents for automated community engagement and social media interactions. Its native token supports governance, staking, and ecosystem features. This special feature explores Unstaked’s market updates, token dynamics, and platform development.

XRP News and Research

XRP News and Research

This series focuses on XRP, covering the latest news, market dynamics, and in-depth research. Featured analysis includes price trends, regulatory developments, and ecosystem growth, providing a clear overview of XRP's position and potential in the cryptocurrency market.

How do beginners trade options?How does option trading work?

How do beginners trade options?How does option trading work?

This special feature introduces the fundamentals of options trading for beginners, explaining how options work, their main types, and the mechanics behind trading them. It also explores key strategies, potential risks, and practical tips, helping readers build a clear foundation to approach the options market with confidence.

What are the risks of investing in cryptocurrency?

What are the risks of investing in cryptocurrency?

This special feature covers the risks of investing in cryptocurrency, explaining common challenges such as market volatility, security vulnerabilities, regulatory uncertainties, and potential scams. It also provides analysis of risk management strategies and mitigation techniques, helping readers gain a clear understanding of how to navigate the crypto market safely.