Elon Musk, the billionaire behind Tesla, SpaceX, and xAI, has made an audacious $97.4 billion bid to acquire OpenAI, the company behind ChatGPT. This move, framed as a return to OpenAI’s non-profit origins, is widely seen as an attempt to consolidate even more power in the hands of Musk, whose growing influence within the U.S. government raises concerns about unchecked corporate control over artificial intelligence. Musk has long railed against OpenAI’s supposed deviation from its original mission, but in reality, this bid reeks of opportunism rather than altruistic desires.
Elon Musk's Offer and OpenAI’s Response
Musk’s bid is backed by a consortium of investors, including Baron Capital Group, Valor Management, and Eight Partners VC. His stated goal is to bring OpenAI back to its original open-source, safety-focused AI development approach. However, OpenAI CEO Sam Altman swiftly rejected the offer, mocking Musk on social media and highlighting the hypocrisy of his sudden concern for OpenAI’s direction.
Altman responded with a direct statement: "No, thank you. But we will buy Twitter for $9.74 billion if you’re interested." This sarcastic retort not only dismissed Musk’s bid but also referenced Musk’s own tumultuous acquisition of Twitter (now X), which has been widely criticised for its erratic management and steep decline in value since Musk took control.
The truth is, Musk’s involvement with OpenAI was never about philanthropy. After co-founding the organisation, he left in 2018 when his attempts to take over leadership were rebuffed. Since then, he has aggressively criticised OpenAI while working to build his own competing AI company, xAI. Now, his attempt to purchase OpenAI seems more like a desperate bid to maintain relevance in the AI race rather than any genuine concern for the ethical development of artificial intelligence.
Musk’s Government Role: A Clear Conflict of Interest
In January 2025, Musk was appointed as a special government employee, leading the newly created Department of Government Efficiency (DOGE) under the Trump administration. This position grants him the power to shape federal regulations and policies, including those governing artificial intelligence. If he successfully takes over OpenAI, Musk would be in the unprecedented position of both owning one of the most powerful AI companies in the world and shaping the very laws that regulate it.
This clear conflict of interest is nothing short of alarming. With his control over DOGE, Musk could weaken regulatory oversight on AI safety while advancing his own corporate interests. His past behaviour, such as gutting Twitter’s moderation policies and prioritising his personal business empire over public responsibility, suggests that he is unlikely to use such power responsibly.
Why Musk’s Takeover is Dangerous
Unchecked AI Monopoly: OpenAI is a leader in artificial intelligence research. If Musk acquires it, he could suppress competing AI innovations while monopolising the most advanced AI models for his own ventures. His history of aggressively eliminating competition suggests he would not hesitate to turn OpenAI into a weaponised asset for his empire.
Commercialisation Over Ethics: Musk frequently denounces OpenAI for prioritising profits, yet his own companies are aggressively profit-driven. His AI startup, xAI, is already integrating its technology into his social media platform, X (formerly Twitter). A Musk-owned OpenAI would likely prioritise revenue streams over genuine AI safety, contradicting his supposed concerns about ethical AI development.
Manipulating AI Regulation: Musk’s dual roles in business and government would give him extraordinary leverage over AI policy. He could push for deregulation that benefits his businesses, weakening necessary safeguards designed to prevent AI abuse and exploitation. This represents a profound threat to democratic oversight and technological ethics.
Deterioration of AI Research Transparency
While Musk preaches about open-source AI, he has a history of keeping key developments within Tesla, SpaceX, and xAI tightly controlled. Under his ownership, OpenAI could become more secretive, reducing transparency in AI research and hindering global cooperation on AI safety.
Regulatory and Legal Challenges
Given the blatant conflict of interest between Musk’s government role and his corporate ambitions, regulators must intervene. The Federal Trade Commission (FTC) and the U.S. Department of Justice should investigate whether Musk’s bid violates antitrust laws. There are also potential national security risks, given AI’s increasing role in cybersecurity, defence, and misinformation control.
If Musk is allowed to acquire OpenAI, the repercussions could be catastrophic. AI development would become even more concentrated in the hands of a single, unaccountable billionaire with a track record of erratic decision-making and self-serving business practices.
The Bigger Picture: The Musk Empire Expands
Musk already wields enormous influence across multiple industries, from electric vehicles to space exploration to social media. His attempt to control OpenAI is not about altruism—it is about dominance. If successful, he would have an iron grip over the future of artificial intelligence, steering it in ways that serve his personal vision while sidelining competitors and regulatory oversight.
This would not just impact AI development; it would shape how society interacts with AI on a fundamental level, from automation in industries to political discourse and national security. Musk has demonstrated time and again that he is willing to put personal power over public good, and there is no reason to believe this situation would be any different.
Stopping the Takeover Before It’s Too Late
Elon Musk’s bid to acquire OpenAI is not about returning it to its non-profit roots. It is a power play, designed to give him unprecedented control over the future of artificial intelligence while weakening regulatory checks that could hold him accountable. His history of self-interest, government manipulation, and anti-competitive behaviour suggests that such a takeover would be disastrous for AI ethics, innovation, and public trust.
Regulators, lawmakers, and industry leaders must take immediate action to block this acquisition and ensure that AI development remains in the hands of those committed to ethical progress, not a billionaire seeking yet another empire to control.
