Will Elon Musk win his lawsuit against Sam Altman's OpenAI? Here's what prediction markets think
Trading activity on Elon Musk's suit against OpenAI is the second highest out of all prediction market contracts related to the billionaire.
TL;DR
- Prediction markets show a declining likelihood of Elon Musk winning his lawsuit against OpenAI.
- Traders' confidence in Musk's victory dropped from 60% to under 34% after his testimony.
- Musk accused OpenAI CEO Sam Altman and president Greg Brockman of trying to 'steal a charity'.
- Musk clashed with OpenAI's counsel during cross-examination.
- A recent filing about Musk's text messages regarding a potential settlement may have also impacted his chances.
- Trading volume for the lawsuit contract is high, indicating significant market interest.
- OpenAI stated Musk's case is 'baseless'.