Tech World Erupts: Elon Musk vs Sam Altman $97.4 Billion Bid! Swindler Scam Altman?

Musk’s Bold Move: OpenAI Takeover

Elon Musk made a huge offer. He wants to acquire OpenAI for $97.4 billion. The date was February 10, 2025. Musk says OpenAI should be open-source again. He wants it focused on safety. His goal is “benefit of humanity.”

Musk co-founded OpenAI.
He now leads xAI.
xAI supports the bid.
Big investors are also backing Musk.
- Baron Capital Group
- Valor Management LLC
- Atreides Management, LP

Elon Musk vs Sam Altman $97.4 Billion Bid

Key Players in the OpenAI Bid

Player Name	Role	Company/Firm	Key Information
Elon Musk	Lead Bidder	xAI, Tesla, SpaceX	Co-founder of OpenAI, Proposing $97.4B bid
Sam Altman	CEO	OpenAI	Rejected Musk’s bid, CEO of OpenAI
OpenAI	Target Company	AI Research Organization	Valued at $97.4B in Musk’s bid, Focus on AI
xAI	Supporting Company	AI Company	Musk’s AI company, Supports OpenAI bid
Baron Capital Group	Venture Capital Firm	Investment Firm	Major investor backing Musk’s bid
Valor Management LLC	Venture Capital Firm	Investment Firm	Investor supporting Musk’s OpenAI acquisition
Atreides Management, LP	Venture Capital Firm	Investment Firm	Part of the investor consortium for Musk’s bid
Microsoft	Corporate Partner	Technology Corporation	OpenAI partner, Focus of Musk’s criticism
Twitter (X)	Social Media Platform	Social Media Company	Platform for Altman & Musk’s public dispute
Venture Capital	Industry Sector	Investment	Firms involved in funding Musk’s acquisition attempt

Altman’s Quick Rejection and Twitter Jab

OpenAI CEO Sam Altman reacted fast. He dismissed the bid. His response was on X (Twitter). Altman quipped, “No thank you.” Then he offered to buy Twitter for $9.74 billion. This was a clear jab at Musk. Remember Musk bought Twitter?

no thank you but we will buy twitter for $9.74 billion if you want
— Sam Altman (@sama) February 10, 2025

Musk then called Altman names. He labeled him a “swindler.” He also called him “Scam Altman.” Tensions are high between them.

Timeline of Key Events

Date	Event Description
Early Days	OpenAI founded as a nonprofit.
[Unknown Date]	OpenAI transitions to for-profit model.
[Ongoing]	Musk legally contests OpenAI’s for-profit move.
Feb 10, 2025	Musk announces $97.4 billion bid for OpenAI.
Feb 10, 2025	Altman rejects bid on X, jokes about buying Twitter.
Feb 10-11, 2025	Musk publicly criticizes Altman on social media.
[Future]	Outcome of Musk’s bid and OpenAI’s direction.
[Future]	Impact on AI development and governance.
[Future]	Potential shifts in AI leadership and strategy.
[Future]	Public and investor reactions to the ongoing saga.

Key Events in OpenAI's Evolution and Musk's Involvement

The Core Dispute: Mission vs. Profit

Musk and Altman disagree on OpenAI’s direction. Musk says OpenAI is losing its way. He believes it’s prioritizing profit now. He points to OpenAI’s partnership with Microsoft. Musk thinks OpenAI should focus on public good, not just money.

Musk vs. Altman: A Tech Showdown

Feature	Elon Musk	Sam Altman
Current Role	CEO of xAI, Tesla, SpaceX	CEO of OpenAI
OpenAI Stance	Wants to acquire and change its direction	Firmly rejects acquisition bid
Main Concern	OpenAI’s shift from nonprofit, safety focus	Maintaining current for-profit direction
Public Comments	Called Altman “swindler,” “Scam Altman”	Joked about buying Twitter from Musk
Financial Action	Led $97.4 billion bid to buy OpenAI	Rejected massive bid, no counter-offer for OpenAI
Company Focus	Open-source AI, safety, public benefit	For-profit AI, corporate partnerships
Relationship	Former co-founders, now rivals	Publicly disputing strategic direction
February 2025 Actions	Launched takeover bid, public criticism	Rejected bid, social media counter-response
Overall Goal (Musk)	Return OpenAI to original mission	(Implied) Continue current OpenAI trajectory
Public Perception	Seen as disruptive, aiming for radical change	Seen as defending OpenAI’s current path

What Does This Mean for AI’s Future?

This fight is important. It’s about more than just two tech leaders. It’s about the future of AI. Will AI be open or closed? Will it prioritize safety or profit? The outcome of this battle will shape AI’s path. Keep watching this story unfold.

Conclusion

Elon Musk’s $97.4 billion bid for OpenAI is huge. It highlights a major clash in the tech world. Musk and Altman have very different views for AI. The fight between “elon musk vs sam altman $97.4 billion” is just starting. The future of AI is at stake.

Why does Elon Musk want to buy OpenAI?

Musk says OpenAI needs to return to its original mission. He wants it to be open-source and safety-focused, for the benefit of everyone.

How did Sam Altman respond to Musk’s offer?

Altman quickly rejected the offer on Twitter. He even joked about buying Twitter from Musk for a lower price.

What is the main disagreement between Musk and Altman?

The core issue is OpenAI’s direction. Musk thinks it should be nonprofit and open. Altman seems to be leading it towards a for-profit model with corporate partnerships.