Musk’s failed court attack on OpenAI could leave lasting scars on CEO Altman’s reputation
Sam Altman, CEO of OpenAI, won a federal court case against Elon Musk, who claimed the organization improperly transitioned to a for-profit model. Despite the victory, Altman faced damaging accusations of dishonesty from former colleagues during the trial. The outcome may complicate investor trust ahead of a potential initial public offering for OpenAI.
- ▪A federal jury ruled against Elon Musk's lawsuit claiming OpenAI's transition to a for-profit model was improper.
- ▪Sam Altman was repeatedly called a liar by former colleagues during the trial, which could affect investor confidence.
- ▪The verdict eliminates a major legal threat to OpenAI's potential initial public offering.
Opening excerpt (first ~120 words) tap to expand
Musk’s failed court attack on OpenAI could leave lasting scars on CEO Altman’s reputationSign up now: Get ST's newsletters delivered to your inboxOpenAI chief executive Sam Altman arrives at a federal courthouse in Oakland, California, US, on May 12.PHOTO: REUTERSPublished May 19, 2026, 06:53 PMUpdated May 19, 2026, 06:53 PMOAKLAND, California - OpenAI chief executive Sam Altman beat Mr Elon Musk in federal court on May 18, but the win came at the cost of hearing his former colleagues call him a liar – repeatedly – under oath.A federal jury threw out former OpenAI co-founder Musk’s case that the nonprofit was improperly turned into a for-profit corporation, ruling that the world’s richest person waited too long to sue in a verdict that could be difficult to appeal.That simplifies the path…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Straits Times — World.