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Will Elon Musk win his lawsuit against Sam Altman's OpenAI? Here's what prediction markets think
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Will Elon Musk win his lawsuit against Sam Altman's OpenAI? Here's what prediction markets think

CNBC·Ananya Chetia·26 days ago
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OpenAI CEO Sam Altman, at left, seen on Nov. 16, 2023, and Elon Musk, CEO of SpaceX and Tesla, seen on June 16, 2023. Carlos Barria | Gonzalo Fuentes | Reuters In the eyes of prediction markets traders, Elon Musk is hurting himself in the trial against OpenAI. The multibillion-dollar lawsuit against OpenAI went to trial on April 27 in federal court in Oakland, Calif. The day after proceedings started, Kalshi traders were calling for a 60% likelihood Musk would win the case. Those odds dropped to just under 34% on May 2, two days after Musk concluded his testimony. Eric Zitzewitz, professor of economics at Dartmouth College, said the odds against Musk winning are "not enormous" but suggested that the "market reacted" to how headlines and news are covering the trial. Musk's testimony spread over three days and wrapped up on April 30.…

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