Elon Musk poised to make history as world’s first trillionaire
SpaceX’s record-breaking IPO catapults Musk to unprecedented wealth amid rising angst over global inequality.

SpaceX’s record-breaking IPO catapults Musk to unprecedented wealth amid rising angst over global inequality.






![Sarata Sawo (L) and Alia Patel (R) activists with Young Labour in Ashton-in-Makerfield [Simon Speakman Cordall/Al Jazeera]](https://aljazeeranews.edgeone.app/wp-content/uploads/2026/05/Sarata-Sawo-L-and-Alia-Patel-R-activists-with-Young-Labour-in-Ashton-in-Makerfield-1779787107.jpg?resize=770%2C513&quality=80)


In a unanimous verdict, the jury in the Oakland, California, federal court said Musk had brought his case too late.
Elon Musk accuses OpenAI of breaching charitable trust and prioritising profit over AI safety and nonprofit values.
Landmark trial could shape future and leadership of OpenAI as company prepares for possible initial public offering.
Deal gives IPO-bound SpaceX a marquee customer, while helping Anthropic ease capacity constraints.
OpenAI’s lawyers argue Musk’s lawsuit aims to undermine the company for his competing venture, xAI.
In his lawsuit, Musk said OpenAI cofounder and president betrayed him and public by turning into profit-seeking firm.
The trial’s outcome could sway the balance of power in AI, and jury selection starts on Monday.
Company has captured public attention through vast network of satellites and focus on space exploration.
Jury finds that two tweets posted in May 2022 by Musk contained false statements.
The civil trial centres on a class-action lawsuit filed just before Musk took control of Twitter, which was renamed X.