--- title: "OpenAI avoided a costly court loss to Elon Musk, but neither side is unscathed" type: "News" locale: "en" url: "https://longbridge.com/en/news/286852748.md" description: "OpenAI has successfully navigated a legal battle with Elon Musk, maintaining its trajectory towards a potentially historic initial public offering valued at $852 billion. Musk's attempts to remove CEO Sam Altman and implement changes were unsuccessful, leaving both parties affected by the court proceedings." datetime: "2026-05-19T04:21:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286852748.md) - [en](https://longbridge.com/en/news/286852748.md) - [zh-HK](https://longbridge.com/zh-HK/news/286852748.md) --- # OpenAI avoided a costly court loss to Elon Musk, but neither side is unscathed OAKLAND, Calif. (AP) — After prevailing in its court fight with Elon Musk, OpenAI — the ChatGPT maker valued at $852 billion — remains on track for what could be one of the largest initial public offerings in history. Musk had been seeking the ouster of his fellow OpenAI co-founder, CEO Sam Altman, among other changes to the company. But with testi... ### Related Stocks - [OpenAI.NA](https://longbridge.com/en/quote/OpenAI.NA.md) ## Related News & Research - [OpenAI is said to have bought Weights.gg, a voice cloning startup](https://longbridge.com/en/news/286648936.md) - [OpenAI launches ChatGPT for personal finance, will let you connect bank accounts](https://longbridge.com/en/news/286591478.md) - [OpenAI seals deal in Malta to give all Maltese access to ChatGPT Plus](https://longbridge.com/en/news/286642696.md) - [OpenAI debuts ChatGPT finance tools for US Pro users](https://longbridge.com/en/news/286647298.md) - [Musk's lawyer challenges Altman's credibility as OpenAI trial nears end](https://longbridge.com/en/news/286445665.md)