Musk's expert claims OpenAI should be worth $200bn more
Elon Musk's nonprofit law expert told an Oakland courtroom that OpenAI Foundation deserves "a lot more" than $200 billion in assets. David Schizer argued OpenAI's evolution from charity to $850 billion corporation violated nonprofit customs, with Musk seeking $150 billion in damages to be redirected to charitable purposes. The judge questioned whether the damages figures were "pulled out of thin air," but the trial's real stakes lie in precedent. A Musk victory could force a structural unwinding that would chill AI investments and reshape how tech nonprofits transition to for-profit models.
Sources
- Musk's legal expert says OpenAI foundation should have lot more than $200 billion — The Information
- Musk v Altman lawsuit trial — Observer
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