Tuesday, 31 March, 2026
Elon Musk Sought Zuckerberg’s Backing for $97.4B Bid to Acquire OpenAI
By Isha
OpenAI disclosed that Elon Musk approached Meta CEO Mark Zuckerberg to explore financing for his attempted $97.4 billion takeover bid. Musk’s group submitted a letter of intent to Zuckerberg, but he and Meta declined to participate. OpenAI has now filed a motion to compel Meta to turn over related internal communications. The legal battle stems from Musk’s opposition to OpenAI’s shift to a for-profit model and remains ongoing.