Tuesday, March 17, 2026

Elon Musk Triumphs in $134 Billion Fraud Case Against OpenAI—But Will He Ultimately Prevail?

Elon Musk secured a pretrial ruling restricting OpenAI from questioning him about alleged ketamine use in the upcoming jury trial regarding claims of fraud stemming from the AI company’s shift from its nonprofit roots. U.S. District Judge Yvonne Gonzalez Rogers deemed the drug-related inquiries irrelevant unless concrete evidence is provided. However, she permitted limited questioning about Musk’s presence at Burning Man, where critical communications allegedly occurred. The jury trial, commencing on April 28, is anticipated to last four weeks, with Musk seeking damages between $79 billion and $134 billion for his $38 million investment. Key figures expected to testify include Sam Altman, Ilya Sutskever, and Microsoft CEO Satya Nadella. Current betting odds show a notable drop in Musk’s chances of winning, now at 28% on Polymarket. With Microsoft implicated in the case and preparing for an earnings call, investors are closely monitoring the potential implications of the trial on AI spending returns.

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