Business ❯Corporate Governance ❯Nonprofit Organizations

OpenAI

Elon Musk Musk's Bid Musk's Involvement Mergers and Acquisitions For-Profit Transition Acquisitions Sam Altman

Elon Musk Offers $97.4 Billion to Acquire OpenAI, Proposes Withdrawal if Nonprofit Status is Retained

Musk's unsolicited bid for OpenAI includes conditions tied to halting its transition to a for-profit structure, intensifying a legal and public feud with CEO Sam Altman.