How Musk’s $97.4B bid could gum up OpenAI’s for-profit conversion

TechCrunch
By Maxwell Zeff, Kyle WiggersFeb 11, 2025, 2:30 pm163 pts
On Monday, Elon Musk, the world’s richest man, offered to buy the nonprofit that effectively governs OpenAI for $97.4 billion. The unsolicited buyout would be financed by Musk’s AI company, xAI, and a consortium of outside investors, per a letter sent to California and Delaware’s attorneys general. OpenAI…

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