https://www.forbes.com/sites/dereksaul/2025/02/11/sam-altman-elon-musk-feud-timeline-altman-says-musk-isnt-a-happy-person-after-crazy-openai-offer/

Elon Musk and Sam Altman have reignited their public feud, accusing each other of misleading investors as they vie for dominance in the AI sector. This intensification comes as both SpaceX, under Musk, and OpenAI, led by Altman, aim to secure significant capital to fund their ambitious AI endeavors. The rivalry has drawn attention to the contrasting strategies of the two leaders, with OpenAI recently completing a historic $122 billion funding round, while Musk is preparing for SpaceX’s IPO, projected at a $1.75 trillion valuation. This conflict follows a federal court’s dismissal of Musk’s lawsuit against Altman, further straining relations between the two AI leaders.

Key Takeaways

The renewed conflict between Musk and Altman appears to suggest increased uncertainty surrounding OpenAI’s IPO timeline, as reflected in current market pricing.

Market activity indicates a decreased likelihood of OpenAI completing its IPO by December 31, 2026, with YES shares priced at around 17.5%, down from 22% a day earlier.