Musk v. Altman heads to court next week. Here's what's at stake
TLDR
- Elon Musk’s $134B lawsuit against OpenAI, Sam Altman, and Greg Brockman begins jury selection April 28 in Oakland.
Key Facts
- Musk claims Altman and Brockman reneged on a vow to keep OpenAI a nonprofit in perpetuity; OpenAI calls the suit baseless.
- Of 26 original claims, four remain: unjust enrichment, fraud, constructive fraud, and breach of charitable trust.
- Microsoft is named as a co-defendant, accused of aiding OpenAI’s alleged misconduct; Satya Nadella is on the witness list.
- The jury’s verdict on liability will be advisory; Judge Yvonne Gonzalez Rogers makes the final call on both liability and remedies.
Why It Matters
- A finding of liability could force OpenAI to unwind its for-profit restructuring and remove Altman and Brockman from their roles.
- Both OpenAI and SpaceX are targeting public offerings, making the trial’s outcome a live risk factor for each company’s market debut.
Ashley Capoot, CNBC · 2026-04-24 · Read the original