# **Sam Altman Rejects Elon Musk's Offer to Sell OpenAI for US$97.4 Billion**
The world's richest entrepreneur and CEO of X Elon Musk has made an offer to buy OpenAI for US$97.4 billion. However, OpenAI CEO Sam Altman has strongly rejected the offer.
As is known, Elon Musk and Sam Altman founded OpenAI in 2015 and made the company a charity. However, not long after that, Musk decided to leave OpenAI.
Musk's offer to buy OpenAI was made after he saw that the artificial intelligence company would now shift from a non-profit entity to a profit-seeking entity. Musk accused Altman of making OpenAI solely for profit, no longer a charity.
"It's time for OpenAI to return to being the security-focused open-source force it once was," Musk said in a press release.
However, Altman rejected the offer and asked Musk not to disrupt OpenAI's corporate structure. Altman even said Musk would not buy OpenAI, but he would buy X instead.
“No thanks, but we’ll buy Twitter for $9.74 billion if you want,” Altman replied.
Additionally, OpenAI was last valued at $157 billion in its last funding round in October, making it one of the most valuable private companies in the world.
-# Image Source: GettyImages
