- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
Musk Claims $13.4B “Unjust Enrichment” Against OpenAI and Microsoft
BlockBeats News, January 18th, according to US News, a federal judge in California, USA, rejected the request from OpenAI and Microsoft to dismiss Musk's lawsuit. The Musk v. OpenAI case will go to a jury trial in April. Musk's side has recently officially filed a $134 billion claim for "unjust enrichment," with OpenAI's unjust enrichment estimated at $655 billion to $1.094 trillion, and Microsoft's unjust enrichment estimated at $13.3 billion to $25.1 billion, with a total range of about $790 billion to $1.34 trillion. Musk's legal team has hired financial economist C. Paul Wazzan as an expert witness to ultimately calculate this staggering figure.
When Musk participated in the founding of OpenAI in 2015, he provided approximately $38 million in seed funding, accounting for 60% of the early seed round financing. He also believes that in addition to funding, he contributed his personal reputation, key connections, and experience in scaling enterprises, stating that "without Musk, there would be no OpenAI." OpenAI has now transitioned into a for-profit entity, with a valuation of about $500 billion. Musk believes he should receive a proportionate "unjust enrichment" compensation.
Prior to this, Musk had long accused OpenAI of deviating from its early non-profit mission to benefit all of humanity and instead engaging in deep cooperation with Microsoft, becoming a for-profit company controlled by Microsoft.
You may also like
Predicting the market does not predict the truth; it simply rewards those who guess right
Trump Waves Hand, Stirs Venezuela's Game Hurricane
The Genius Stopping Law: Why Did Coinbase Backpedal at the Eleventh Hour?
Fact Check: How Much Money Did the University of Chicago Lose in its Crypto Investment?
In the span of a week, what does Twitter's continuous updating on the Coin Circle Plate reform and Musk's intentions mean?
$200K Annual Salary Hiring, Predicting Market Will See Wall Street Players
Mantra Slashes Staff and Restructures Following ‘Brutal’ OM Token Collapse
Key Takeaways The OM token experienced a dramatic price collapse, prompting a significant restructure within Mantra, including job…
Bitchat Downloads Surge in Uganda as Government Implements Internet Shutdown Before Elections
Key Takeaways: Uganda’s government enforced an internet blackout ahead of elections, pushing citizens to download Bitchat, a decentralized…
a16z Secures $15 Billion: Redefining Venture Capital Through Visionary Storytelling
Key Takeaways a16z Raises Capital: The firm has raised an astronomical $15 billion, marking a significant point in…
traders anticipate Fed May Accelerate Rate Cuts
Key Takeaways Traders are speculating that the Federal Reserve could implement an interest rate cut before May due…
80% of oil income settled in stablecoins, Venezuela makes USDT its second currency
After Stepping Down as Mayor of New York City, He Pivoted to Selling Cryptocurrency
Crypto Rich Threaten to Depart California Amid New Tax Proposal
Key Takeaways Proposed California tax imposes a 5% assets tax on residents with over $1 billion, sparking debate…
Coinbase May Withdraw Support for CLARITY Act Amid Stablecoin Rewards Ban Debate
Key Takeaways Potential Withdrawal: Coinbase is considering withdrawing support for the CLARITY Act if it restricts stablecoin rewards.…
Crypto Crucial: Will Tax Threats Push California’s Wealthiest to Flee?
Crypto billionaires in California are contemplating relocation due to a proposed wealth tax targeting assets over $1 billion.…
Crypto Project Failures Hit Record in 2025 Amid Memecoin Turbulence
Key Takeaways Memecoin launchpads have saturated the crypto market in 2025, leading to an unprecedented number of token…
X to Introduce ‘Smart Cashtags’ for Tracking Real-Time Crypto and Stock Prices
Key Takeaways Smart Cashtags Integration: X is set to launch a new feature, Smart Cashtags, allowing users to…
App