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TrustFinance Global Insights
May 04, 2026
2 min read
14

A new court filing reveals that Elon Musk approached OpenAI President Greg Brockman to discuss a settlement just two days before their high-profile trial began. The filing alleges Musk told Brockman that he and Sam Altman would become 'the most hated men in America' if they did not settle.
The lawsuit centers on Elon Musk's claim that OpenAI betrayed its founding mission to develop safe AI for humanity's benefit. He alleges the company's transition from a non-profit to a for-profit entity, heavily backed by Microsoft, was a breach of their original agreement. Musk's testimony indicated he did not read the full details of the 2017 term sheet that outlined this structural shift.
The trial carries significant weight for the AI industry, with Musk seeking $150 billion in damages from OpenAI and Microsoft, one of its primary investors. The outcome could lead to major changes in OpenAI's leadership and corporate structure. The trial, which began on April 28, is expected to feature testimony from key figures including Sam Altman, Greg Brockman, and Microsoft CEO Satya Nadella.
The legal battle between Musk and OpenAI continues to intensify, highlighting fundamental disagreements over the governance and commercialization of advanced AI. The court's verdict, expected by mid-May, will be a landmark decision for the technology sector, potentially influencing future AI development and investment strategies.
Q: Why is Elon Musk suing OpenAI?
A: He alleges OpenAI abandoned its original non-profit mission to pursue profit, thereby misusing his charitable contributions and breaching their foundational agreement.
Q: What are the primary demands in the lawsuit?
A: Musk is seeking changes to OpenAI's leadership and is suing for $150 billion in damages from both OpenAI and its major investor, Microsoft.
Source: Reuters

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