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TrustFinance Global Insights
Apr 29, 2026
2 min read
20

Elon Musk has returned to the witness stand in his lawsuit against OpenAI, where he criticized the company for shifting from its non-profit roots. Musk alleges the organization betrayed its founding mission to develop artificial intelligence for humanity in its pursuit of profit.
The trial focuses on OpenAI's 2019 decision to create a for-profit entity, a move Musk described as looting a charity. OpenAI defends the action as necessary to fund advanced computing power and top talent. The company's lawyers argue Musk's lawsuit is driven by a desire to control OpenAI and benefit his own AI venture, xAI.
This high-profile legal battle underscores the deep ideological divisions over AI development and commercialization. The outcome could influence the governance of leading AI firms and impact OpenAI's valuation. Microsoft, a key investor with a $10 billion stake, is also named as a defendant in the case.
Musk is seeking $150 billion in damages and a restructuring of OpenAI back to a non-profit. The trial continues with his cross-examination, which will be closely watched by the technology and investment communities for its potential to reshape the future of a leading AI powerhouse.
Q: Why is Elon Musk suing OpenAI?
A: He alleges OpenAI abandoned its original non-profit mission to safely develop AI for humanity in favor of a for-profit model.
Q: What does Musk want from the lawsuit?
A: He seeks $150 billion in damages and wants OpenAI to revert to a non-profit, with changes to its board and leadership.
Source: Investing.com

TrustFinance Global Insights
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