February 15, 2025 – In a unanimous decision reached earlier today, the board of OpenAI rejected an acquisition offer proposed by Elon Musk. Brett Taylor, the chairman of OpenAI’s board, stated in a declaration on the X platform, “OpenAI is not for sale, and the board has unanimously turned down Mr. Musk’s latest attempt to undermine competition. Any potential reorganization of OpenAI will reinforce our non-profit organization and its mission to ensure Artificial General Intelligence (AGI) benefits all of humanity.”
Earlier this week, Musk, along with a group of supporters, put forward a 97.4billionbidtoacquireOpenAI.However,SamAltman,theCEOofOpenAI,swiftlyrespondedontheXplatform,stating,”Thanks,butwe′regood.Butifyou′reinterested,wecouldbuyTwitterfor9.74 billion.”
Musk’s acquisition proposal could potentially complicate the situation for OpenAI, especially as the organization is in a critical phase of transitioning towards becoming a profitable company. The board must make decisions that are in the best interests of the non-profit, demonstrating that Altman’s proposed spin-off plan is more beneficial for the company’s future than Musk’s offer. On Wednesday local time, Musk’s lawyers indicated in court documents that if OpenAI committed to maintaining its non-profit status, Musk would withdraw his acquisition proposal.
Taylor emphasized, “Any reorganization plan for OpenAI will strengthen our non-profit status and further our mission to ensure that Artificial General Intelligence brings benefits to all of humanity.”
