Musk Fails to Block OpenAI Restructuring Plans in Court Fight

1 month ago 19
Elon Musk

Photographer: Aaron Schwartz/CNP/Bloomberg

March 4, 2025 at 7:45 PM EST

Elon Musk failed to halt Sam Altman from restructuring OpenAI while he pursues claims that the startup has run afoul of antitrust laws, another blow for the world’s richest person after his $97.4 billion offer to take control of the rival artificial intelligence company was rebuffed.

US District Judge Yvonne Gonzalez Rogers on Tuesday denied Musk’s request for an injunction that would pause the ChatGPT maker’s transformation from a nonprofit to a more conventional, public benefit for-profit company. The ruling comes shortly after Altman called the billionaire’s takeover bid an attempt to slow down the company as it competes with Musk’s own startup, xAI.

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