A public dispute has erupted between Elon Musk and Sam Altman on X, fueled by Apple's recent lawsuit against OpenAI.
The tech giant filed suit on July 10, accusing OpenAI of orchestrating trade secret theft to develop its first consumer hardware device. Musk, who recently lost a separate $130 billion lawsuit against OpenAI, has now accused Altman of unethical practices.
The confrontation introduces new uncertainty around OpenAI's stability and its planned IPO. Market data reflects growing skepticism, with the probability of OpenAI completing an IPO by December 31, 2026, falling to just 21%.
Investors are now closely watching for further legal developments from Apple or Musk, which could further delay OpenAI's market debut.