Sam Altman has revealed details of failed negotiations with Elon Musk regarding OpenAI's transition to a for-profit entity. Speaking on the Core Memory podcast, Altman explained that while he, Greg Brockman, Ilya Sutskever, and Musk initially agreed on the need for OpenAI to become a for-profit company, talks broke down over Musk's demand for "absolute control." Although Musk's requests for majority equity and the CEO position were accepted, his insistence on total control was a dealbreaker. Altman noted that this information had not been publicly disclosed before, but the impending lawsuit necessitated transparency. The trial, set for April 27, involves Musk seeking damages between $79 billion and $134 billion. Altman expressed concern that Musk might withdraw the lawsuit, potentially preventing the full story from being told.