Musk slams Altman trial verdict as a ‘technicality,’ vows to appeal
Musk slams Altman trial verdict as a ‘technicality,’ vows to appeal
https://www.cnbc.com/2026/05/18/musk-altman-openai-trial-verdict.html
Publish Date: 2026-05-18 13:32:00
Source Domain: www.cnbc.com
Certainly! Here are 6 key points from the article summarized using an unordered list:
– A federal jury in Oakland, California, dismissed Elon Musk’s lawsuit against OpenAI and its CEO Sam Altman, finding that Musk waited too long to file the suit. The verdict upheld a statutory three-year limitations period.
– The court did not address the merits of Musk’s claims regarding “breach of charitable trust” but emphasized the timing issue.
– Musk and his legal team plan to appeal the dismissal to the 9th Circuit U.S. Court of Appeals.
– The judges expressed skepticism about the likelihood of the appeal being successful, citing substantial evidence to support the jury’s decision.
– The lawsuit was centered on Musk’s belief that Altman and OpenAI had abandoned its nonprofit charitable mission and pursued for-profit activities, personally enriching themselves.
– Despite the dismissal, neither Musk nor his lawyers gave up on their quest to reclaim substantial financial gains, up to $180 billion, as well as to remove leadership from Altman and his associate, Greg Brockman.