Musk’s consortium, which includes VCs like Joe Lonsdale’s 8VC and SpaceX investor Vy Capital, is offering exactly $97.375 billion to buy out OpenAI, and says in the letter 100% of the purchase price “would be paid in cash.”

Tech billionaire Elon Musk will withdraw its bid for OpenAI’s nonprofit arm if the artificial intelligence firm halts its plans to become a for-profit entity, according to a new court

As part of the buyer's due diligence process, the letter states that OpenAI must grant it "access to any assets, facilities, equipment, books, and records of the Company in connec