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    Home > Headlines > OpenAI board rejects Musk's $97.4 billion offer
    Headlines

    OpenAI board rejects Musk's $97.4 billion offer

    Published by Global Banking & Finance Review®

    Posted on February 14, 2025

    1 min read

    Last updated: January 26, 2026

    The image depicts a meeting of OpenAI's board discussing the rejection of Elon Musk's $97.4 billion bid for the company. This decision underscores OpenAI's commitment to independence in AI development.
    OpenAI board meeting rejecting Elon Musk's $97.4 billion offer for ChatGPT - Global Banking & Finance Review
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    Quick Summary

    OpenAI has declined a $97.4 billion acquisition offer from Elon Musk, stating that the company is not for sale. The bid was for the ChatGPT maker.

    OpenAI Turns Down Musk's $97.4 Billion Acquisition Offer

    (Reuters) - OpenAI on Friday rejected a $97.4 billion bid from a consortium led by billionaire Elon Musk for the ChatGPT maker, saying the startup is not for sale.

    (Reporting by Aditya Soni in Bengaluru; Editing by Arun Koyyur and Alan Barona)

    Key Takeaways

    • •OpenAI rejected a $97.4 billion offer from Elon Musk.
    • •The offer was for the acquisition of ChatGPT maker.
    • •OpenAI stated the company is not for sale.
    • •Elon Musk led the consortium making the bid.
    • •The decision was reported by Reuters.

    Frequently Asked Questions about OpenAI board rejects Musk's $97.4 billion offer

    1What is the main topic?

    The main topic is OpenAI's rejection of Elon Musk's $97.4 billion acquisition offer.

    2Who made the offer to OpenAI?

    The offer was made by a consortium led by billionaire Elon Musk.

    3What was the value of the offer?

    The offer was valued at $97.4 billion.

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