OpenAI Avoided a Costly Court Loss to Elon Musk, but Neither Side is Unscathed

OAKLAND, Calif., May 21, 2026 (AP) — After prevailing in its court fight with Elon Musk , OpenAI — the ChatGPT maker valued at $852 billion — remains on track for what could be one of the largest initial public offerings in history.

Musk had been seeking the ouster of his fellow OpenAI co-founder, CEO Sam Altman , among other changes to the company. But with testimony from witnesses who called Altman dishonest, he’s hardly emerged unscathed.

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