Comment by ajross
4 hours ago
That's misunderstanding the finances involved here. OpenAI is a privately held company; sure, that means they're "borrowing" from their investors technically. But that's in exactly the same sense that a public company is actually "owned" by its shareholders. The behavioral relationship goes the other way: people own bits of the company because they want it to do well and their share to grow in size, not because they expect the debt/dividend to be repaid per se.
In point of fact most valuations place OpenAI in the hundreds of billions of dollars already and growing rapidly.
Basically, no: OpenAI's pockets are deeper than Musks's personal wealth. Especially so considering that this suit is existentially important to them where Musk needs to maintain leverage for other efforts.
There won't be a round 2. It's over.
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