NPR News4/30/2026LawUnited States
Musk Testifies He's "a Fool" for Funding OpenAI in Lawsuit Against Company
Musk claims OpenAI 'stole a charity' by converting from nonprofit to for-profit, seeks to oust Altman and rollback structure
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- Elon Musk testified in court that he was 'a fool' for investing $38 million in OpenAI, which was founded as a nonprofit in 2015 but later created a for-profit arm.
- Musk is suing OpenAI, CEO Sam Altman and others, claiming they 'stole a charity' by abandoning the nonprofit's mission.
- Musk left OpenAI's board in 2018 after a disagreement about the for-profit structure and launched competing company xAI in 2023.
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Elon Musk testified in court that he was 'a fool' for investing $38 million in OpenAI, which was founded as a nonprofit in 2015 but later created a for-profit arm. Musk is suing OpenAI, CEO Sam Altman and others, claiming they 'stole a charity' by abandoning the nonprofit's mission. Musk left OpenAI's board in 2018 after a disagreement about the for-profit structure and launched competing company xAI in 2023. He is seeking Altman's ouster and a rollback of the for-profit structure.
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This article was originally published by NPR News.
