Deals
Elon Musk Lines Up Deep-Pocketed Loyalists for OpenAI Bid
- Potential backers include legacy Tesla, SpaceX investors
- Musk leans on friends including Ari Emanuel, Antonio Gracias
Photo illustration by 731; Getty Images (1)
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Even the richest person in the world needs a bit of help from his friends when trying to pull off one of the largest hostile takeovers in history.
In assembling his unsolicited $97.4 billion bid for OpenAI, Elon Musk has turned to some of his biggest supporters for financial backing, including entertainment mogul Ari Emanuel and Tesla Inc. and SpaceX backer Ron Baron.