HomeIndustriesVehicles & TransportationElon Musk Leads $97B Bid for OpenAI, LYFT Eyes 2026 Robotaxi Launch
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Elon Musk Leads $97B Bid for OpenAI, LYFT Eyes 2026 Robotaxi Launch

Elon Musk Leads $97B Bid for OpenAI, LYFT Eyes 2026 Robotaxi Launch

The Wall Street Journal reports that an Elon Musk-led group is building a $97.4 billion bid to buy OpenAI. The development comes as Lyft Inc. (LYFT) races for a robotaxi launch in 2026 alongside Mobileye and Marubeni. Tesla itself aims to launch its cybercab later this year in Austin. Oliver Renick, Alex Coffey and Caroline Woods dissect the breaking news closing today's trading session.

Market On Close

10 Feb 2025

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