The offer is a significant reduction in OpenAI's valuation. According to CNBC, SoftBank plans to invest $40 billion in OpenAI at a valuation of $260 billion. Altman posted his response to Musk, which was first reported by the Wall Street Journal.
"No thank you, but we will buy Twitter for $9.74 billion if you want," Altman wrote on X in an apparent response to the offer.
Musk responded minutes later, calling Altman a "swindler."
https://finance.yahoo.com/news/elon-musk-reportedly-offers-974b-for-openai-sam-altman-says-no-thank-you-215634146.html