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theverge ai · April 30, 2026

Musk aide claims Altman sat on both sides of OpenAI deal

musk's money manager jared birchall testified that sam altman negotiated the openai restructuring from 'both sides of the table,' representing both the for-profit and nonprofit entities simultaneously. birchall was testifying about the failed $97.4 billion bid by xai to acquire openai's nonprofit assets. the judge questioned birchall directly after the jury left the room.

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During the Musk v. Altman trial, Jared Birchall, Elon Musk’s financial manager, testified that Sam Altman negotiated OpenAI’s restructuring from 'both sides of the table,' representing the for-profit and nonprofit arms simultaneously. Birchall was discussing the context of the failed $97.4 billion acquisition bid led by xAI and other investors to purchase OpenAI's nonprofit assets in February. The testimony became contentious when OpenAI's counsel moved to strike the comments, leading Judge Yvonne Gonzalez Rogers to question Birchall directly outside the jury's presence regarding his familiarity with the xAI bid and his communications with Musk.

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