Musk Seeks Up to $134B in OpenAI Lawsuit Despite $700B Personal Fortune
Elon Musk is seeking up to $134 billion in his ongoing lawsuit against OpenAI, despite his personal fortune of approximately $700 billion, according to TechCrunch AI.
According to the report, Musk’s legal team argues that he should be compensated as an early startup investor who typically sees returns “many orders of magnitude greater” than his initial investment. This legal argument positions Musk’s early involvement with OpenAI as a standard venture capital investment deserving of outsized returns.
The lawsuit centers on Musk’s role as an early backer of OpenAI, which he co-founded in 2015 before departing the organization’s board in 2018. The company has since transformed from a non-profit AI research organization into a multi-billion dollar enterprise, particularly following the success of ChatGPT.
The massive compensation claim comes despite Musk’s status as one of the world’s wealthiest individuals. The legal team’s framing of the case emphasizes standard venture capital returns rather than Musk’s current financial position.
Further details about the specific legal arguments, timeline, or OpenAI’s response were not provided in the source material.