NEWLegal
Musk (TSLA) Trial Against OpenAI Begins, $134 Billion at Stake
Published on 4/28/2026

AI Summary
Opening arguments in the trial between Elon Musk (TSLA) and OpenAI began with Musk accusing the organization of breaching a commitment to remain nonprofit. Musk's lawsuit claims he should receive up to $134 billion in damages for alleged reneging on promises regarding his $38 million donation. The trial is presided over by Judge Yvonne Gonzalez Rogers in Oakland, California, with Musk's legal team aiming to prove claims of breach of charitable trust and unjust enrichment. The outcome of this trial may significantly impact OpenAI and it has been labeled by the company as a 'baseless' harassment campaign.
Related News

Regulation
OpenAI (MSFT) $850bn Startup Faces Legal Battle Over Charity Claims
Apr 28

Tech
Amazon (AMZN) Gains Favor with Wall Street Amid Support from Big Tech
Apr 28

Tech
Oracle (ORCL) Drops 7.5% Following OpenAI Revenue Miss Report
Apr 28

Markets
Stock Futures Slip as OpenAI Sales Miss Impacts Tech Performance
Apr 28