Elon Musk wants to buy OpenAI for $97.4 billion

Elon Musk has launched a $97.4 billion bid to take control of OpenAI. The Wall Street Journal reports a group of investors led by Musk’s xAI submitted an unsolicited offer to the company’s board of directors on Monday. The group wants to buy the nonprofit that controls OpenAI’s for-profit arm.

When asked for comment, an OpenAI spokesperson pointed Engadget to an X post from CEO Sam Altman. “No thank you but we will buy twitter for $9.74 billion if you want,” Altman wrote on the social media platform Musk owns.

“It’s time for OpenAI to return to the open-source, safety-focused force for good it once was,” Musk said in a statement his attorney shared with The Journal. “We will make sure that happens.”

A flow chart detailing OpenAI's corporate structure

OpenAI

It’s hard to say how serious this bid from Musk is and what — if any —…

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