# Elon Musk testified during tense cross-examination on Thursday, April 30, that he knew about early discussions around turning OpenAI into a for-profit company.

*genai · news · 2026-05-01 · Rappler*

## Key points

- Elon Musk testified that Sam Altman personally reassured him OpenAI would remain a nonprofit.
- Musk admitted he did not read fine print in a key 2017 term sheet about OpenAI's structure change.
- Musk alleges OpenAI's for-profit arm now controls the super majority of the nonprofit's value.
- Musk's company xAI used OpenAI to train its own models, which he called standard AI industry practice.
- Musk is seeking $150 billion in damages and wants OpenAI to return to nonprofit status.

**Companies:** OpenAI, Microsoft, Tesla, SpaceX, xAI
**Countries:** USA

[Read the full story on Rappler](https://www.rappler.com/technology/elon-musk-testimony-openai-profit-seeking-trial-april-30-2026/)

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