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Elon Musk's $97B Bid to Acquire OpenAI Rejected
AcquisitionAI

Elon Musk's $97B Bid to Acquire OpenAI Rejected

•February 16, 2025
•Feb 16, 2025
0

Participants

Elon Musk

Elon Musk

acquirer

ChatGPT

ChatGPT

target

Deal Summary

Elon Musk made a $97 billion bid to acquire OpenAI, a high-profile takeover attempt reported and ultimately rejected. The offer was highlighted amid geopolitical discussions at the Paris AI Summit and underscored competition over control of leading AI assets.

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