politics
April 30, 2026
We’re Still Talking About Whether Musk Read the Term Sheet.
Live updates from Elon Musk and Sam Altman’s court battle over the future of OpenAI
TL;DR
- Musk did not closely review OpenAI's initial capped profit structure.
- Musk is unclear about the details of Microsoft's investments in OpenAI.
- Musk stated OpenAI was founded as a nonprofit with a charter preventing personal financial benefit.
- Musk's understanding of the terms and conditions for his donations is questioned.
- There is an implication that Musk did not set clear terms that OpenAI or Altman could violate.
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