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Jury rejects Musk's lawsuit against OpenAI and Sam Altman, finding it filed too late

BBC + 4 others·105d ago·Business
Elon MuskElon Musk78.0 Φ

A federal jury rejected Elon Musk's lawsuit against OpenAI and its co-founder Sam Altman on Monday, finding the claims had been brought too late and clearing the company and Altman after weeks of testimony. The verdict ends a high-profile case in which Musk sought to unwind OpenAI's shift to a for-profit structure, the BBC reported. The suit had been valued by some accounts at as much as $150bn, Decrypt reported.

The defeat is the latest in a run of courtroom setbacks for Musk. Late last year he settled with former Twitter executives and thousands of former employees of the platform he renamed X, and in March he lost a case brought by Twitter investors who said they were misled during his takeover, the BBC reported. A judge that same month threw out his suit against advertisers that left the platform, and in May another judge reversed certain actions by the government cost-cutting effort he helped lead.

Musk vowed to keep fighting after the verdict, France 24 reported, and legal scholars said the size of his fortune makes further litigation likely regardless of the losses. "I don't see him stopping," Columbia Law School professor Dorothy Lund told the BBC, saying no one had managed to put real consequences on his actions. Syracuse University law professor Shubha Ghosh, asked whether the run of defeats might temper Musk's combative style, said "no one is invincible" while adding that he was "just another businessperson asserting his rights."

A recent $1.5m US Securities and Exchange Commission fine over his initial Twitter stock accumulation was described as insignificant for someone of his wealth, the BBC reported. He is poised to become the world's first trillionaire on his stake in SpaceX, the rocket company expected to list publicly in the near future, a scale of resources that lawyers said makes a string of losses or fines unlikely to deter future suits.


Figures referenced: Elon Musk. — JudgeMarket.

Sources

  • France 24Musk loses Open AI lawsuit as jury says it was filed too late104d ago
  • BBCElon Musk has lost yet another legal battle. Why he'll still keep fighting104d ago
  • PBSJury throws out Musk's lawsuit against OpenAI and Sam Altman105d ago
  • DecryptElon Musk Loses $150 Billion AI Lawsuit Against OpenAI and Sam Altman105d ago
  • TechCrunchElon Musk has lost his lawsuit against Sam Altman and OpenAI105d ago