# The lore of Sam Altman is being tested.

*business · news · 2026-05-03 · Hindustan Times*

## Key points

- Elon Musk has filed a civil trial seeking to oust Sam Altman and block OpenAI's IPO.
- OpenAI has missed its own revenue targets despite being valued at $852 billion.
- Anthropic, OpenAI's rival, is rapidly capturing market share and increasing its valuation.
- Musk alleges OpenAI wrongfully shifted from nonprofit to for-profit to attract investment and talent.

**Companies:** OpenAI, Tesla, SpaceX, Amazon Web Services, xAI
**Countries:** United States

[Read the full story on Hindustan Times](https://www.hindustantimes.com/business/the-lore-of-sam-altman-is-being-tested-like-never-before-101777805422897.html)

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