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#MuskLosesLawsuitAgainstOpenAI
Musk's Week: A Lawsuit Lost, a Rival Fueled, and a Bitcoin Stash Revealed
SpaceX just dropped its SEC filing. The numbers are staggering. While Elon Musk was losing a $150 billion courtroom battle, his rocket company was quietly stacking billions in Bitcoin and cutting a deal with his biggest AI rival.
🔹 The Bitcoin Bombshell
SpaceX holds 18,712 BTC valued at over $1.45 billion as of its latest filing. The cost basis was $661 million, meaning the position is deep in profit. This makes SpaceX one of the largest private Bitcoin holders, a status that will become fully transparent when it lists on Nasdaq under the ticker SPCX.
🔹 The Courtroom Collapse
A federal jury needed just 90 minutes. The verdict was unanimous: Musk waited too long to sue. His $150 billion claim against Sam Altman and OpenAI was dismissed entirely. He accused them of betraying a shared nonprofit mission. The court ruled the statute of limitations had expired and threw out every claim.
🔹 The Ultimate Twist
Days before the verdict, Musk's SpaceX announced a massive compute deal with Anthropic, granting full access to the Colossus supercomputer's 220,000 GPUs to power Claude AI. The irony is brutal: Musk attacked OpenAI for being too profit-driven, lost the case, then turned around and rented his AI infrastructure to their top competitor.
The Bottom Line
Musk lost a battle against one AI giant, bankrolled another, and revealed a $1.45 billion Bitcoin bet. The week rewrote his relationship with the entire tech landscape.
Friends, does SpaceX's massive Bitcoin holding change how you view corporate treasury adoption?