Elon Musk, who split from OpenAI years after cofounding it as a nonprofit in 2015, said it was putting commercial interests over the public’s. A company lawyer said Mr. Musk had sued because he did not get his way.

Tesla filed an S-8 to register 304 million shares for Elon Musk's 2018 pay package, now worth over $114B at current prices. The years-long legal fight is over.

Musk's lawyers say OpenAI leaders "stole a charity" and Musk warns about the potential dangers of AI: "We don't want to have a Terminator outcome."

SpaceX has approved a bold pay package for Elon Musk tied to reaching a $7.5 trillion valuation and building a permanent human colony on Mars.

The trial between the CEOs makes the AI boom seem sordid and small.

On April 1, SpaceX confidentially filed for an IPO, putting the wheels in motion for what should be the biggest IPO in history by a substantial sum. Various reports suggest SpaceX is seeking a $75 billion capital raise, with a market value of between $1.75 trillion and $2 trillion.

Elon Musk said in his second day of testimony that he was “a fool” for funding OpenAI. Mr. Musk grew combative during questioning from a company lawyer.

With great power, etc. The post SpaceX’s IPO Plan Will Give Elon Musk Ironclad Rule Over the Resulting Empire appeared first on Futurism.

This trial will offer the clearest glimpse into an elite circle whose bickering is shaping the most expensive infrastructure buildout in human history in the name of a technology that could upend the labor market,