finance
Jury Rules Elon Musk Lawsuit Against OpenAI Too Late
A federal jury found that Elon Musk's claims against OpenAI and Sam Altman were filed after the three-year statute of limitations. The verdict clears the way for OpenAI's planned initial public offering.
May 19, 9:44 AM·1m read1 source
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A federal jury in Oakland, California ruled that Elon Musk's lawsuit against Sam Altman and OpenAI was filed after the three-year statute of limitations. The jury determined that Musk knew about OpenAI's shift to a commercial structure years before he filed the suit in 2024. Officials adopted the verdict immediately.
Musk stated that the only question is when the action occurred and said he plans to file an appeal with the Ninth Circuit. The verdict removes the last major legal issue before OpenAI's anticipated initial public offering.
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