Elon Musk loses case against OpenAI, Sam Altman after jury finds claims filed too late

Elon Musk lost his case against Sam Altman and OpenAI after a jury ruled Monday that he had missed the legal deadline to bring his claims.

The verdict follows a high-profile three-week trial in which jurors cleared Altman, OpenAI co-founder Greg Brockman and OpenAI of all claims. The jury also dismissed Musk’s accusations against Microsoft, which Musk claimed helped facilitate breaches tied to OpenAI’s move toward a for-profit structure.

Court testimony showed OpenAI leaders had discussed a for-profit conversion as early as 2017, before OpenAI established a for-profit arm in 2019. Musk did not sue until 2024.

Musk said during the trial that he at first relied on Altman’s reassurances but became frustrated after Microsoft invested $10 billion in OpenAI in 2023 in exchange for intellectual property rights and a share of future profits.

This is a developing story.