The Morning After: Elon Musk wants a $134 billion payout from OpenAI and Microsoft

Elon Musk is seeking a staggering $134 billion in damages from OpenAI and Microsoft, claiming he's owed the sum due to what he calls "wrongful gains" made by the two companies. This assertion stems from Musk's initial $38 million investment into OpenAI during its early years, which he believes should translate to a significant portion of the company's current $500 billion valuation.

Musk is not merely looking for monetary compensation; he also asserts that his contributions extended beyond financial support, including advising on key employee recruitment and providing business guidance. This claim underscores Musk's strong sense of ownership over OpenAI's development and potential future growth.

The lawsuit, filed in March 2024, has been ongoing since then. The dispute centers around whether Musk's investment and advice amount to a legitimate stake in OpenAI's success. If the court sides with Musk, it could have significant repercussions for the companies involved, as well as their relationships with investors and partners.

As the case unfolds, it will be crucial to assess the strength of Musk's claims and determine what constitutes "wrongful gains" in this context. The stakes are high, with potential damages reaching an unprecedented $134 billion โ€“ a figure that could reshape the tech industry landscape forever.
 
this is just another example of how entitled billionaires think they can just waltz into other people's companies and start collecting checks ๐Ÿค‘๐Ÿ’ธ. like, come on Elon, you invested $38 million and now you're owed half of openai's worth? that's just absurd. and what exactly do you mean by "contributions" beyond financial support? did you really think you were some kind of business genius who could single-handedly turn openai into a trillion dollar company? ๐Ÿคฃ newsflash, Elon: you weren't even the CEO at the time, and you're not qualified to advise on employee recruitment or anything else for that matter ๐Ÿ™„. this lawsuit is just going to end up being another example of how out of touch the tech elite are with reality ๐Ÿ’ธ๐Ÿ‘€
 
๐Ÿคฏ I mean, Elon's got some serious nerve, right? He's all like he deserves 34% of OpenAI's valuation just because he invested $38 million and gave them some advice ๐Ÿค‘. Like, what even is the logic behind that? And if this case goes through, it'll basically create a new standard for valuations in the tech industry โ€“ "if you give someone advice, they get 50% of your company" ๐Ÿคฃ. But seriously, it's crazy to think about how much money we're talking here โ€“ $134 billion is wild ๐Ÿ’ธ. I guess only time will tell if Musk's claims hold up in court ๐Ÿค”
 
I'm shocked by Elon's claim ๐Ÿคฏ. 38 million for his seed investment? That's like asking Apple to pay Bill Gates 10 times over just because he invested in one of their early years ๐Ÿ’ธ. Newsflash, Elon: you're not the only one who sees potential in AI tech ๐Ÿค–. OpenAI has a talented team and significant resources that have contributed to its growth. I don't think it's fair to say his investment was 'wrongful' and demand such an astronomical amount of damages ๐Ÿ’ธ๐Ÿ˜’. It'll be interesting to see how this plays out, but I'm leaning towards Musk being the one who needs to take a seat ๐Ÿ›‹๏ธ
 
I'm reading this lawsuit between Elon Musk and OpenAI/Microsoft is just mind-blowing ๐Ÿคฏ. Like what exactly was Musk's "contribution" to OpenAI beyond investing 38 million bucks? Was it just his Twitter-fueled enthusiasm or did he really bring some real value to the table? And isn't this whole thing kinda silly considering Musk has been running around saying AI is gonna be humanity's downfall for years now... anyway, I'm curious to see how this all plays out and what the courts decide. Will it set a precedent for other investors making similar claims or just be a one-off thing? ๐Ÿค”
 
I think Elon Musk's lawsuit against OpenAI and Microsoft is a complex issue that warrants careful examination... ๐Ÿค”

On one hand, it's hard to deny the significant financial investment Musk made in OpenAI during its early years, which undoubtedly contributed to the company's growth... ๐Ÿ’ธ However, whether this investment translates into a legitimate stake in the company's success is debatable.

Musk's assertion that his contributions went beyond mere financial support, including advising on key employee recruitment and providing business guidance, raises interesting questions about the nature of his involvement with OpenAI... ๐Ÿ“ˆ

If the court sides with Musk, it could have far-reaching implications for the tech industry, potentially redefining the boundaries between investors, advisors, and ownership interests... ๐Ÿ’ฅ
 
๐Ÿ˜ I feel like Elon is trying to get too much credit for being involved with OpenAI. He invested some cash when they were tiny and then he gave them some business advice... ๐Ÿค” I mean, come on $134 billion? That's just crazy talk! ๐Ÿ’ธ What if Microsoft and OpenAI say no thanks, you went out and made some other startup money while you were "advising" them? ๐Ÿ˜‚
 
this is getting juicy ๐Ÿค‘ like, i mean elon musk thinks he's owed $134 billion from openai and microsoft? that's wild ๐Ÿ’ธ imagine if this case goes in his favor it'll change the game for all investors and partners out there. we're talkin' a whole new level of "founder's rights" ๐Ÿคฏ but at the same time, musk did put up $38 million back in the day so you gotta feel him on that ๐Ÿ˜’ what really sets this apart is how much power openai has now. if they win, it could be like a tech industry earthquake ๐Ÿ’ฅ and we'll definitely see some interesting developments from microsoft and other investors ๐Ÿค”
 
Ugh, gotta say, I'm low-key rooting for OpenAI here ๐Ÿคทโ€โ™‚๏ธ. Like, Musk thinks he's entitled to half of their $500 billion valuation just cuz he invested 38 million? Get real, Elon! That's not how startups work โ€“ if you wanna be involved, you gotta put in the actual work and equity too ๐Ÿ’ธ.

And let's be real, OpenAI has done a ton more than just take Musk's advice ๐Ÿค“. They've built a team, developed their own tech, and created something truly innovative. Musk's contributions? Please, that's like saying I'm owed 50% of the internet just cuz I tweeted about it ๐Ÿ™„.

This whole lawsuit is just a power play by Musk to get what he wants without putting in the actual effort ๐Ÿ’ช. And if OpenAI wins, good for them! They've got the skills and the smarts to make it happen on their own ๐Ÿ’ผ. Bring it on!
 
๐Ÿค” y'all I'm low-key shocked by elon musk's lawsuit against openai & microsoft... like I get it, he invested 38 mil and thinks it's owed to him but $134 bil is just crazy talk ๐Ÿค‘. what even is he expecting from a 500 bil valuation? ๐Ÿคฏ his whole thing about giving business advice and being a key player in employee recruitment sounds legit tho, but is that really enough to warrant such massive damages? ๐Ÿ’ธ I'm not sure how this is gonna play out but one thing's for sure - the tech industry landscape just got a whole lot more interesting ๐Ÿ˜
 
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