{"id":430641,"date":"2026-05-19T01:40:07","date_gmt":"2026-05-18T18:40:07","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/05\/jury-rules-against-elon-musk-against-sam-altman-and-openai\/"},"modified":"2026-05-19T01:40:07","modified_gmt":"2026-05-18T18:40:07","slug":"jury-rules-against-elon-musk-against-sam-altman-and-openai","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/05\/jury-rules-against-elon-musk-against-sam-altman-and-openai\/","title":{"rendered":"Jury rules against Elon Musk against Sam Altman and OpenAI."},"content":{"rendered":"<div>\n<p>The jury ruled against Elon Musk against Sam Altman and OpenAI<\/p>\n<ul>\n<li data-section-id=\"q4pg7m\" data-start=\"0\" data-end=\"81\">Jury unanimously dismissed Elon Musk\u2019s lawsuit against OpenAI and Sam Altman.\n<\/li>\n<li data-section-id=\"1awf1se\" data-start=\"82\" data-end=\"177\">\nCase was thrown out because the claims were filed after the statute of limitations expired.\n<\/li>\n<li data-section-id=\"1uqpu95\" data-start=\"178\" data-end=\"223\">\nJury deliberated for less than two hours.\n<\/li>\n<li data-section-id=\"1tx5rl6\" data-start=\"224\" data-end=\"307\">\nMusk alleged OpenAI \u201cstole a charity\u201d by shifting from nonprofit to for-profit.\n<\/li>\n<li data-section-id=\"lqwl61\" data-start=\"308\" data-end=\"381\">\nOpenAI argued Musk knew about and supported the for-profit structure.\n<\/li>\n<li data-section-id=\"1l1idan\" data-start=\"382\" data-end=\"463\">\nOpenAI claimed Musk turned against the company after failing to gain control.\n<\/li>\n<li data-section-id=\"1pt8co8\" data-start=\"464\" data-end=\"523\">\nMusk\u2019s legal team said it reserves the right to appeal.\n<\/li>\n<li data-section-id=\"33hjx2\" data-start=\"524\" data-end=\"602\">\nMusk sought removal of Sam Altman and Greg Brockman from leadership roles.\n<\/li>\n<li data-section-id=\"xf7rb9\" data-start=\"603\" data-end=\"702\">\nMusk also sought reversal of OpenAI\u2019s governance changes and more than $180 billion in damages.\n<\/li>\n<li data-section-id=\"75t796\" data-start=\"703\" data-end=\"813\">\nTrial highlighted growing rivalry among major AI firms including OpenAI, Anthropic, and Musk\u2019s AI venture.\n<\/li>\n<li data-section-id=\"lyg0r0\" data-start=\"814\" data-end=\"912\">\nOpenAI is pursuing a future public listing while Anthropic has gained momentum in the AI race.\n<\/li>\n<li data-section-id=\"1vduwa0\" data-start=\"913\" data-end=\"1004\">\nMusk is reportedly working toward a public offering tied to SpaceX and his AI business.\n<\/li>\n<li data-section-id=\"3hozln\" data-start=\"1005\" data-end=\"1091\">\nMusk attorney Steven Molo said multiple witnesses called Altman a liar under oath.\n<\/li>\n<li data-section-id=\"1cxsea4\" data-start=\"1092\" data-end=\"1184\">\nOpenAI attorney William Savitt said Musk resorts to lawsuits instead of competing in AI.\n<\/li>\n<li data-section-id=\"te152o\" data-start=\"1185\" data-end=\"1283\">\nWitnesses included Microsoft CEO Satya Nadella, Mira Murati, Ilya Sutskever, and Shivon Zilis.\n<\/li>\n<li data-section-id=\"1nonhnc\" data-start=\"1284\" data-end=\"1425\">\nTrial revealed internal OpenAI documents tied to the company\u2019s founding and the 2023 \u201cblip\u201d when Altman was briefly fired and reinstated.\n<\/li>\n<li data-section-id=\"2hhkc6\" data-start=\"1426\" data-end=\"1497\" data-is-last-node=\"\">\nGreg Brockman testified his OpenAI stake is worth nearly $30 billion.<\/li>\n<\/ul>\n<p>Both Musk and Altman have IPOs on their mind now.  <\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The jury ruled against Elon Musk against Sam Altman and OpenAI Jury unanimously dismissed Elon Musk\u2019s lawsuit against OpenAI and Sam Altman. Case was thrown out because the claims were filed after&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-430641","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/430641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=430641"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/430641\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=430641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=430641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=430641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}