Elon Musk Sues OpenAI and Microsoft for Alleged Fraud, Seeks $79B-$134B Damages

Sunday, Jan 18, 2026 3:14 am ET1min read
MSFT--

Elon Musk has filed a lawsuit against OpenAI and Microsoft, seeking damages between $79 billion and $134 billion. Musk claims OpenAI defrauded him by shifting from a nonprofit to a for-profit model, benefiting Microsoft. OpenAI's valuation is estimated at $500 billion, and Musk believes he is entitled to a share due to alleged wrongful gains by OpenAI and Microsoft. The case is set for a jury trial in April in Oakland, California.

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