OpenAI Warns Investors of Potential "Outlandish" Claims from Elon Musk Ahead of 2026 Trial
OpenAI has preemptively cautioned investors and banking partners about Elon Musk's potential for "deliberately outlandish" statements as their legal battle approaches trial in April 2026. The dispute stems from Musk's 2024 lawsuit alleging deception regarding OpenAI's transition to a for-profit model, despite his initial $38 million donations to the nonprofit.
Internal communications reveal tensions during OpenAI's corporate restructuring, with co-founder Greg Brockman acknowledging the ethical complexities of excluding Musk from the B-Corp conversion. A U.S. District Judge greenlit the case in January 2026, setting the stage for a high-stakes courtroom confrontation over intellectual property claims and billions in alleged damages.