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Musk Urges California and Delaware AGs to Force OpenAI Share Auction
2025-01-10
Elon Musk's legal representative, Mark Toberoff, has appealed to the attorneys general of California and Delaware, urging them to intervene and require OpenAI to auction off a substantial portion of its shares. This bold move signifies an escalation in Musk's ongoing dispute with OpenAI CEO Sam Altman. In a letter addressed to the top legal authorities of several states, Toberoff, who represents major AI investors, expressed the strong desire to engage in a public and competitive bidding process for OpenAI shares. Nonetheless, sources within OpenAI reveal that the company has no intention of holding an auction, viewing Musk's initiative as a tactic aimed at fostering discord.
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