According to @KobeissiLetter, Elon Musk has filed a new lawsuit seeking up to $134 billion in damages from OpenAI. According to @KobeissiLetter, Musk’s legal team argues his early funding and involvement materially contributed to OpenAI’s rise. According to @KobeissiLetter, the source states OpenAI is now valued at over $500 billion.

According to the source, a social media post claims OpenAI has reached a $500B valuation, surpassing SpaceX as the largest startup. source: social media post on X dated Oct 3, 2025 The post does not provide supporting documents, primary filings, or investor communications confirming the valuation. source: same X post dated Oct 3, 2025 Historically, AI-linked tokens rallied after major OpenAI milestones, with RNDR and FET posting double-digit gains in the days following the Sora announcement on Feb 15, 2024. source: CoinGecko price data for RNDR and FET, Feb 15–20, 2024 Traders are monitoring AI-category coins such as RNDR, WLD, FET, and AGIX for headline-driven volatility while awaiting primary confirmation. source: CoinGecko AI and Big Data category constituents; absence of confirmation in the cited post Until verified by primary sources or formal disclosures, this should be treated as headline risk rather than a confirmed catalyst. source: absence of primary confirmation in the cited post