Elon Musk Group’s $97.4B Bid for OpenAI Nonprofit Rejected

February 10, 2025

A consortium led by Elon Musk and including xAI made an unsolicited $97.4 billion offer for OpenAI’s nonprofit assets; OpenAI’s board rejected it days later.

OpenAI xAI

Sources

TechCrunch

News · Feb 10, 2025

Elon Musk-led team submits $97.4B bid for OpenAI

Additional sources

TechCrunch

Analysis · Feb 11, 2025

How Musk's $97.4B bid could gum up OpenAI's for-profit conversion

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