Elon Musk just offered to buy OpenAI for $97.4 billion
undefined 11, 2025
Elon Musk has launched a $97.4 billion bid to buy OpenAI’s nonprofit arm, backed by xAI, Valor Equity, and other investors. The offer challenges CEO Sam Altman, who is handling major deals, including a $40B funding round. Musk, who co-founded OpenAI but left in 2019, claims the company has strayed from its mission. His team vows to outbid any rival offers, complicating OpenAI’s for-profit transition. Altman responded on X, joking about buying Twitter for $9.74 billion.
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