Elon Musk accused of making up math to squeeze $134B from OpenAI, Microsoft
20 days ago
- #Elon Musk
- #Lawsuit
- #OpenAI
- Elon Musk is seeking damages between $79 billion and $134 billion from OpenAI and Microsoft.
- Musk hired expert C. Paul Wazzan, who estimated his contributions generated 50-75% of OpenAI's current value.
- Wazzan's analysis considered Musk's financial contributions, proposed equity stake, current xAI stake, and nonmonetary contributions.
- OpenAI and Microsoft filed a motion to exclude Wazzan's opinions, calling his calculations 'made up' and prejudicial.
- OpenAI argues Wazzan's math relies on an unrealized 2017 deal where Musk sought 51.2% control of a for-profit entity.