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Elon Musk claimed he gave $100 million to OpenAI. Filings show it's not true.

By Emily Chou
Published in OpenAI
May 18, 2023
1 min read
Elon Musk claimed he gave $100 million to OpenAI. Filings show it's not true.

Elon Musk, the billionaire entrepreneur and founder of SpaceX and Tesla, made headlines when he claimed that he had donated $100 million to OpenAI, an artificial intelligence research organization that he co-founded in 2015. However, recent filings with the Securities and Exchange Commission (SEC) show that this claim is not entirely accurate. While Musk did indeed provide an initial investment of $1 billion to OpenAI when it was first established, he has not donated any additional funds since then. Instead, the money that was used to fund OpenAI’s operations over the past several years came from other investors and commercial partnerships.

This discrepancy is not necessarily a cause for alarm, as OpenAI has been very successful in securing funding from a range of sources, including corporate sponsors like Microsoft and partnerships with government agencies and academic institutions. Nonetheless, it raises questions about the accuracy of public statements made by high-profile figures like Musk, and highlights the need for greater transparency around philanthropic donations and investment activity.

As we continue to explore the potential of AI and other emerging technologies, it is important for organizations like OpenAI to have access to ample resources and support. By shedding light on this issue, we can work towards creating a more equitable and sustainable future for all.


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