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OpenAI board unanimously rejects Musk acquisition: "not in the best interests of the company's mission"

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2025-02-15 00:19:14
On February 15th, local time on February 14th, OpenAI's board of directors unanimously rejected Musk's offer to buy the company's assets for $97.40 billion. In a letter to Musk, the board said the acquisition was "not in the best interests" of the company's mission. OpenAI chairperson Bret Taylor also said the company "is not for sale, and the board has unanimously rejected Musk's latest attempt to undermine its competition". On the 10th, a consortium led by Musk offered $97.40 billion to seek control of OpenAI. Musk's lawyer, Mark Toberov, said the offer had been submitted to the OpenAI board. On the 11th, Altman, the chief executive of OpenAI, said that Musk's proposal to acquire OpenAI was "ridiculous" and would not be sold.
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