Elon Musk

Elon Musk's SpaceX files for IPO: Inside revenue, losses, and future plans

The filing showed that SpaceX has been aggressively investing in artificial intelligence (AI), Starlink satellites and future space missions

OpenAI celebrates court win against Musk, but more challenges lie ahead

A US court victory against Elon Musk has removed one obstacle for OpenAI's IPO ambitions, but rising competition, copyright cases and safety concerns continue to mount

OpenAI avoids costly court loss to Elon Musk, but both sides left bruised

After prevailing in its court fight with Elon Musk, OpenAI - the ChatGPT maker valued at $852 billion - remains on track for what could be one of the largest initial public offerings in history. Musk had been seeking the ouster of his fellow OpenAI co-founder, CEO Sam Altman, among other changes to the company. But with testimony from witnesses who called Altman dishonest, he's hardly emerged unscathed. At a time of growing concern about artificial intelligence's impacts, the landmark trial also shed new light on the flaws and outsize ambitions of the small number of billionaires steering the development of the breakthrough technology. The trial was a reminder, said Sarah Kreps, director of Cornell University's Tech Policy Institute, "of how much the future of AI still depends on a remarkably small group of powerful tech figures and their personal rivalries". "The trial highlighted not just a dispute between Musk and Altman, but a broader disconnect between the people building thes

Court rejects Musk's claims against OpenAI, saying lawsuit filed too late

A federal court on Monday dismissed claims filed against OpenAI and its top executives by Elon Musk, who accused them of betraying a shared vision for it to remain a nonprofit dedicated to guiding artificial intelligence's development for the good of humanity. Musk, the world's richest man, was a co-founder of OpenAI, which launched in 2015 and went on to create ChatGPT. After investing $38 million in its first years, Musk accused OpenAI CEO Sam Altman and his top deputy of shifting into a moneymaking mode behind his back. The nine-person jury found that Musk waited too long to file his lawsuit and missed the deadline for the statute of limitations. The jury had deliberated only two hours. The jury served in an advisory role, but Judge Yvonne Gonzalez Rogers accepted the verdict Monday as the court's own and dismissed Musk's claims. The three-week trial in Oakland, California shed light on the bitter falling-out between the two Silicon Valley titans and the beginnings of OpenAI, no

Elon Musk says he will not sell SpaceX stake ahead of planned IPO launch

SpaceX could file publicly for a record-breaking IPO next week at a valuation exceeding $2 trillion

Elon Musk's xAI unveils first coding agent in bid to rival Anthropic

The artificial intelligence model, which is in early testing and only available for paying subscribers, is the startup's initial push into professional coding

Musk's lawyer challenges Altman's credibility as OpenAI trial nears end

OpenAI has said the organization is stronger as a for-profit entity, including the nonprofit that is now a shareholder of the corporation, and that Musk simply wanted control

China's view on Elon Musk: Visionary, occasional villain, still influential

While Tesla is being hit by local electric vehicle makers on technology and price, the company and Musk remain influential in China

Gathered proof of Altman's dishonesty for a year: Ex-OpenAI exec Sutskever

The testimony comes in 3rd week of a trial that could determine the future of OpenAI, which has been raising billions of dollars from investors to build its computing power ahead of potential IPO

Elon Musk, Sam Altman under fire over management styles in OpenAI trial

The trial, which just finished its second week, is revisiting OpenAI's arc from scrappy startup founded in 2015 to benefit humanity to behemoth now valued at almost $1 trillion

Why Musk's $60 billion Cursor bet is really about AI's 'last mile'

SpaceX has secured an option to acquire AI coding startup Anysphere for $60 billion, placing Elon Musk in the race to control how AI-powered software is built

Elon Musk weighed offering Sam Altman a Tesla board seat, jury told

Musk and his fellow OpenAI co-founders were then in the midst of negotiations about the future of the AI nonprofit and how they could secure enough funds to meet their computing needs

Elon Musk agrees to pay $1.5 million to settle SEC case over Twitter stake

An SEC spokesperson said the deal, if finalised, would be the largest penalty the agency has levied against an entity or individual for allegedly failing to file a beneficial ownership report on time

OpenAI prez Greg Brockman tells court his stake in firm is worth $30 bn

Greg Brockman, OpenAI's president and CEO Sam Altman's top lieutenant, disclosed in court Monday that his stake in the artificial intelligence company is worth nearly USD 30 billion. Brockman, who also said he did not personally invest any money in OpenAI, was testifying Monday in the trial that centres on the company's 2015 founding as a nonprofit startup primarily funded by Elon Musk before evolving into a capitalistic venture now valued at USD 852 billion. Brockman's disclosure would put him on the Forbes list of the world's richest people, with wealth comparable to Melinda French Gates. The civil lawsuit accuses Altman and Brockman of double-crossing Musk by straying from the San Francisco company's founding mission to be an altruistic steward of a revolutionary technology. The lawsuit alleges they shifted into a moneymaking mode behind Musk's back. Late Sunday, OpenAI lawyers tried to admit as evidence a text message Musk sent to Brockman two days before the trial began. ...

What's holding back US satellite service provider Starlink's Indian foray?

Starlink's India entry faces delays over security clearance, FDI approval, and spectrum rules, even as the satellite broadband market gathers momentum

Why Elon Musk and Sam Altman are fighting over OpenAI | Tesla | Legal battle

Elon Musk and Sam Altman once co-founded OpenAI. Now, they are fighting in court over what the company was supposed to become. With $134 billion in damages, OpenAI’s future structure under scrutiny

Elon Musk vs OpenAI: What lies at the heart of the court battle now?

In 2024, Elon Musk sued OpenAI, arguing that the company had breached its principles when it was founded in 2015

Elon Musk's Tesla compensation totals reaches $158 billion for 2025

Tesla reported the 2025 total in a regulatory filing Thursday, almost six months after more than 75% of voting shares supported the chief executive officer's massive stock award

Elon Musk testifies at trial that OpenAI's nonprofit status gave it 'halo'

OpenAI has said it created a for-profit entity to allow it to buy computing power and pay top scientists

Musk testifies he's suing OpenAI to stop Altman's 'looting' of a charity

The closely watched trial is the culmination of years of animosity and public feuding over the startup the three men worked together to found in 2015, before their relationship soured and they became