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Fact check: Post Title: Elon Musk Offers to Buy ChatGPT for $100 Billion. Sam Altman’s Response: ‘No Thanks, We’ll Buy Twitter for $9.74 Billion if You Want’ Original Reddit link: https://www.reddit.com/r/ChatGPT/comments/1imoz5f/elon_musk_offers_to_buy_chatgpt_for_100_billion/?rdt=50401

Checked on February 11, 2025

1. Summary of the results

The original statement contains several inaccuracies while mixing real and fictional elements. Elon Musk did make a bid for OpenAI, but it was for $97.4 billion, not $100 billion as claimed [1]. The bid was made through a consortium including Vy Capital and Xai [2]. While Sam Altman did respond with a quip about buying Twitter for $9.74 billion, this was clearly a sarcastic response rather than a genuine offer [1].

2. Missing context/alternative viewpoints

Several crucial pieces of context are missing from the original statement:

  • OpenAI's current market valuation is approximately $300 billion, making Musk's offer significantly below market value [1]
  • This is an unsolicited bid described as an "audacious attack" on OpenAI [2]
  • There is a complex historical relationship between the parties - Musk and Altman co-founded OpenAI in 2015 but have since had a falling out [1]
  • The bid specifically targets OpenAI's nonprofit arm, not just ChatGPT [3]

3. Potential misinformation/bias in the original statement

The statement appears designed to create viral engagement by:

  • Rounding up the bid amount to $100 billion, making it seem more dramatic [4]
  • Presenting Altman's sarcastic response as a serious counter-offer [1]
  • Oversimplifying a complex business and legal dispute between former partners [3]
  • Focusing on ChatGPT specifically, when the bid actually concerns OpenAI as a whole [4]

This narrative benefits both parties in different ways:

  • For Musk, it portrays him as a powerful figure capable of making massive acquisition attempts
  • For Altman, his witty response helps maintain OpenAI's image as independent and dismissive of takeover attempts
  • For media outlets, the dramatic framing of a "tech titans showdown" drives engagement and clicks
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