Elon Musk, in a CNBC interview at Tesla’s annual shareholder meeting, queried the legality of OpenAI’s decision to turn for-profit as his $50 million investment was made when it was a non-profit that planned to be an open-source alternative to Google’s DeepMind.

Billionaire Elon Musk has queried whether it’s legal for OpenAI — the firm behind ChatGPT — to become a for-profit business after he invested approximately $50 million into it.

“Is that legal? That doesn’t seem legal. In general, if it is legal to start a company as a non-profit and then take the IP and transfer it to a for-profit that then makes tons of money […] shouldn’t that be the default?”