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OpenAI Should Have Accepted Elon Musk’s $97.4 Billion Offer.

Nothing makes sense anymore…

Will Lockett
6 min readFeb 14, 2025

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Somehow, in between illegally destroying the US government, “managing” Tesla into the dirt, roleplaying as a gamer boy, and tweeting more than a cocaine-addled Trump, Musk decided to offer to buy the entirety of OpenAI for $97.4 billion. Almost as soon as the offer was posed, CEO of OpenAI Sam Altman batted it right back, tweeting, “No thank you, but we will buy Twitter for $9.74 billion if you want.” Oooofft, that must have stung. But I think Altman missed a trick here. He should have taken that offer and ran! Why? Well, OpenAI is up shit’s creek without a paddle. Let me explain.

Let’s start with why Altman likely said no.

First off, Musk’s offer was a lowball. A few months ago, OpenAI announced it had raised $6.6 billion in investment from the likes of Nvidia and Microsoft, which put the valuation of OpenAI at $157 billion!

Secondly, OpenAI has just secured the sole rights to use Project Stargate, a $500 billion project to build AI infrastructure in the US. Having exclusive access to that amount of computing power should give them a huge leg up on any competition.

Finally, Altman is convinced they are very close to creating Artificial General Intelligence, also known as superintelligent AI…

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Will Lockett
Will Lockett

Written by Will Lockett

Independent journalist covering global politics, climate change and technology. Get articles early at www.planetearthandbeyond.co

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