• 2026.03.06 (Fri)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Synthesis

Elon Musk Sues OpenAI and Microsoft for $134 Billion, Alleging "Deception" and "Broken Promises"

Eunsil Ju Reporter / Updated : 2026-01-18 13:35:43
  • -
  • +
  • Print

(C) KMJ


SAN FRANCISCO – Elon Musk, CEO of SpaceX and xAI, has intensified his legal battle against OpenAI and its partner Microsoft, seeking damages of up to $134 billion (approx. 200 trillion KRW).

According to court documents filed on the 17th, Musk’s legal team alleges that OpenAI and its CEO, Sam Altman, breached their foundational agreement to remain a non-profit, open-source entity. Musk claims he was "deceived" into donating approximately $38 million during the company’s inception in 2015 under the pretense that the organization would develop AI for the benefit of humanity, rather than for shareholder profit.

The lawsuit contends that OpenAI’s shift toward a commercial model, heavily funded by Microsoft, constitutes a betrayal of its original mission. Musk's legal team is now claiming a significant portion of OpenAI’s current valuation—estimated at $500 billion—as rightful compensation. Based on estimates by financial economist C. Paul Wazzan, the suit calculates OpenAI’s "unjust enrichment" at $65.5 billion to $109.4 billion, with Microsoft’s share estimated between $13.3 billion and $25.1 billion.

In addition to compensatory damages, Musk is also seeking punitive damages against the defendants.

In response, OpenAI issued a sharp rebuttal, labeling the lawsuit as "baseless and persistent harassment." A spokesperson for the company stated they look forward to proving their case in court and dismissed Musk's claims as an attempt to undermine a competitor.

This escalation marks a new chapter in the ongoing feud between Musk and his former partners since he departed the OpenAI board in 2018 to later launch his own AI venture, xAI.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #Globaleconomictimes
  • #Korea
  • #Seoul
  • #Samsung
  • #LG
  • #Bitcoin
  • #Meta
  • #Business
  • #Economic
  • #The Woori Bank
  • #Elon Musk
  • #C
Eunsil Ju Reporter
Eunsil Ju Reporter

Popular articles

  • AI Shockwaves Hit Private Credit: Software Sector Risks Trigger Market Alarm

  • SK Group Chairman Choi Tae-won Strengthens 'AI Alliance' with Silicon Valley Titans

  • The Rise of ‘Skimpflation’: Why Your Luxury Hotel Stay No Longer Includes Daily Cleaning

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065587660997946 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • The Illusion of a "Stress-Relieving" Smoke: Study Finds Smokers More Prone to Depression
  • From Table to Space: Japan Unveils Edible Spoons Made of Cookies
  • Luckin Coffee Shakes Up Global Market with Blue Bottle Acquisition
  • U.S. Private Sector Hiring Hits 7-Month High in February, ADP Reports
  • Self-Employed Loan Delinquency Rates Double in a Decade Amid Economic Headwinds
  • Multi-Homeowner Loan Balance Hits 103 Trillion Won; Half Concentrated in Seoul and Gyeonggi

Most Viewed

1
Adwa’s Echo in Korea: A Shared Story of Dignity and Freedom
2
2026, The Grand Year of Hangeul Celebration — The River of History Where Five Streams Converge
3
A New Milestone for Ukraine’s Post-War Reconstruction: The Birth of ISVP
4
Mexican currency and the powerful history behind its designs
5
Revised and Expanded Edition of ‘Failure of Negotiations with North Korea: Truth and Solutions’ Published
광고문의
임시1
임시3
임시2

Hot Issue

South Korean Markets Shaken by "Iran Shock": KOSPI Suffers Historic Rout Amid Soaring Oil and FX Rates

Self-Employed Loan Delinquency Rates Double in a Decade Amid Economic Headwinds

U.S. Private Sector Hiring Hits 7-Month High in February, ADP Reports

Industrial Output Dips in January Amid Semiconductor Adjustments; Middle East Tensions Loom as Wild Card

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 독도는우리땅
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers