Posted May 13, 2026 at 4:45 PM UTC
Fairly stupid choice by Musk’s lawyers to go after Microsoft’s major decision rights.
Microsoft had an approval right on some transactions. It did not have the majority of the board. That’s even though they contributed more than 90 percent of OpenAI’s initial investments. Also, all LPs had major decision rights, Wetter testifies. So this is less control than Musk wanted for more money.
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