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Fortune
Fortune
Eva Roytburg

Musk vs. Altman: Burning Man, a ‘diary,’ and a trial almost no one thinks Musk can win

Elon Musk and Sam Altman on-stage together at a 2015 conference. (Credit: Michael Kovac—Getty Images for Vanity Fair)

The most expensive frenemy fallout in tech history began Monday, in a federal courtroom in Oakland.

After over a decade of partnership, Tesla CEO Elon Musk is suing OpenAI CEO Sam Altman for more than $130 billion, alleging that Altman and OpenAI cofounder Greg Brockman swindled him and betrayed the company’s founding charitable mission. The chief complaint centers on Altman’s 2023 move to spin OpenAI’s core technology into a for-profit subsidiary, now valued at almost $1 trillion and which could go public as soon as late 2026.

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