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Musk's OpenAI compensation claim rejected

US court dismisses Elon Musk's $150 billion damages claim against OpenAI, citing statute of limitations. Case continues on lesser counts.

Aria Wright
ByAria Wright- Senior Editor
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A US court has dismissed Elon Musk's compensation claim against OpenAI and its co-founders Sam Altman and Greg Brockman.

Oxu.Az reports, citing The New York Times.

The decision was based on the claim being filed after the three-year statute of limitations had expired.

In 2024, Musk sued OpenAI and Microsoft, accusing them of illegally profiting from his assets after OpenAI became a for-profit entity.

The billionaire sought $150 billion in damages.

In April, a US district court had already rejected some of Musk's demands. The case continued on two counts: breach of fiduciary duty and unjust enrichment.

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Musk's OpenAI compensation claim rejected | Bond.az