Elon Musk Testifies He 'Didn't Read' OpenAI's For-Profit Fine Print, Claims Sam Altman Misled Him: 'Can't Steal A Charity'
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Elon Musk testified in court that he was misled by Sam Altman regarding OpenAI's nonprofit status, which he believed would remain intact when he invested $38 million. Musk claims OpenAI's for-profit arm now controls most of its value, arguing that while for-profit organizations are acceptable, they shouldn't exploit charitable foundations. He is seeking governance changes, including reverting OpenAI to nonprofit status and removing Altman and Brockman from leadership, as part of a $150 billion lawsuit. The trial is ongoing, focusing on governance and fiduciary responsibilities.
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