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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

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OpenAI board meeting rejecting Elon Musk's $97.4 billion offer for ChatGPT - Global Banking & Finance Review — 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.

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(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

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

What is the main topic?

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

Who made the offer to OpenAI?

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

What was the value of the offer?

The offer was valued at $97.4 billion.

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