Greg Brockman's $30B OpenAI stake just surfaced in court cover art

Greg Brockman's $30B OpenAI stake just surfaced in court

Greg Brockman's $30B OpenAI stake just surfaced in court

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A jury in Oakland just cleared OpenAI to go public at a trillion-dollar valuation after rejecting Elon Musk's lawsuit in under two hours, and now two rival AI companies might hit the market within weeks of each other. Musk wanted 134 billion dollars and tried to unwind OpenAI's entire for-profit shift, but the jury ruled he waited too long to sue—he knew about the restructuring back in 2017 but didn't file until 2024. The wild part nobody's talking about: OpenAI still burns cash despite 20 billion in revenue, Greg Brockman's stake is worth 30 billion dollars, and xAI could beat them to Nasdaq as soon as June 12.
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