# Elon Musk took the stand for the second day Wednesday in the landmark trial.

*genai · news · 2026-04-29 · Anchorage Daily News*

## Key points

- Musk invested about $38 million in OpenAI between December 2015 and May 2017.
- Musk claims he lost confidence in Altman by late 2022, believing promises were betrayed.
- OpenAI lawyers argue there was never a binding promise the company would always remain nonprofit.
- Musk's lawsuit seeks Altman's removal from OpenAI's board, potentially impacting OpenAI's IPO plans.
- Musk initially sought majority control and four of seven board seats at OpenAI's founding.

**Companies:** OpenAI, xAI
**Countries:** United States

[Read the full story on Anchorage Daily News](https://www.adn.com/nation-world/2026/04/29/elon-musk-tells-his-side-of-openais-beginnings-in-trial-pitting-him-against-ceo-sam-altman/)

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