Ilon Musk wants to buy OpenAI for $97.4bn, but Sam Altman has refused and offered to buy Twitter/X for $9.74bn in return
By: Vlad Cherevko | 11.02.2025, 14:13
Ilon Musk, the famous entrepreneur and founder of Tesla and SpaceX, has made a surprise offer to buy OpenAI through a consortium of investors.
Here's What We Know
According to the Wall Street Journal, Musk offered $97.4 billion for control of the non-profit organisation that runs OpenAI. In response to Musk's offer, Altman replied, "No thanks, but we'll buy Twitter for $9.74 billion if you want." Musk, in turn, called Altman a "fraud."
Swindler
- Harry Bōlz (@elonmusk) February 10, 2025
Musk's move is part of his long-running standoff with Altman, which began after Musk left OpenAI's board of directors in 2018. Musk argues that OpenAI should remain a non-profit organisation focused on security and openness, while Altman seeks to transform the company into a for-profit entity.
Source: Wall Street Journal
