• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act
Elon Musk

Elon Musk Laughs Off OpenAI CEO’s Tweet On Sacks’ Appointment – Here’s The Scoop

Christian Encila
by Christian Encila
Last Updated: December 7, 2024 10:30 pm
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The rivalry between two respected tech giants continues, which is evident in a congratulatory post that might have reignited the rift between the two former allies in AI tech. SpaceX CEO Elon Musk took a swipe at his rival, OpenAI CEO Sam Altman, after the latter congratulated David Sacks for being nominated by US President-elect Donald Trump as the “White House AI and Crypto Czar.”

Related Reading: South Korea Crisis Sparks $34.2 Billion Explosion In Crypto Market

Elon Musk Mocks Altman In X Post

Analysts said that there is no love lost between the two tech titans who were previously allies in developing OpenAI.

Altman recently posted on X congratulating David Sacks who was appointed by Trump to oversee the crafting of cryptocurrency regulations in the US.

Musk responded to the OpenAI executive’s commendatory post with a laughing emoji, indicating that the SpaceX CEO is mocking his rival.

What seems to be an innocent post might have exposed the depth of the rift between Musk and Altman.

Wary Of Musk’s Political Influence

While attending The New York Times’ DealBook Summit, Altman believed that Musk would not use his political clout to harm his rivals, saying, “I believe pretty strongly that Elon will do the right thing.”

The OpenAI executive remarked that if Musk used his political power to hurt his competitors and advance his business, it would be profoundly “un-American.”

“I don’t think people would tolerate that,” Altman told Bloomberg.

Sacks’ appointment as Trump’s crypto czar shows the influence the SpaceX big boss has on the incoming administration.

Musk himself will be one of the heads of the US Department of Government Efficiency (D.O.G.E.) which aims to cut federal spending by $2 trillion.

Total crypto market cap currently at $3.58. Chart: TradingView

Former Partners

Elon Musk and Sam Altman are co-founders of OpenAI together with other tech enthusiasts. However, things didn’t work out between the two tech giants which led to their fallout.

The SpaceX CEO exited the maker of ChatGPT in 2018. Since leaving OpenAI, Musk has become a vocal critic of the top generative AI firm.

Elon Musk and Sam Altman (right). Credits: Marc Piasecki; Justin Sullivan/Getty Images
Related Reading: Bitcoin Hits $100K – And Mt. Gox Makes A $2.4 Billion Power Play

Musk condemned OpenAI for reneging on its founding principles. He portrayed the generative AI company as a for-profit firm that went back on its non-profit foundation, adding that it means OpenAI deceived its funders, the public, and regulators.

Moreover, Elon Musk filed a lawsuit against the AI company for harming rivals like his xAI by performing anticompetitive behavior.

He argued that Altman and his group are colluding with Microsoft, its primary financier, to hinder xAI from making progress in the field.

Altman denied Musk’s accusations, saying they perceived xAI as a “serious competitor.”

“I thought what Elon was doing was absolutely incredible for the world, and I have different feelings about him now, but I’m glad he exists,” Altman remarked.

Featured image from NPR, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Christian Encila

Christian Encila

Follow

Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he's a cook and cinephile who's constantly intrigued by the size of the universe.

Full Profile

Related Posts

crypto

Crypto ETP Boom Set To Go Into Overdrive In 2026, Bitwise Says

58 minutes ago
stablecoin

Visa Launches Stablecoin Settlement For US Financial Institutions With Circle’s USDC

6 hours ago
2025-btc-price-review-key-support-strategy-bitcoin-hyper

2025比特幣價格回顧:減半牛市熄火?BTC全年走勢分析、關鍵支撐與投資策略

8 hours ago
crypto solana litecoin ltc bitcoin trump powell

Market Pullback Accelerates After Senate Postpones Long-Awaited Crypto Framework Bill

13 hours ago
hedera hbar hbarusd

HBAR Consolidates Near Lows While Analysts Map Potential Short-Term Bounce Scenarios

15 hours ago
Crypto

OCC’s Approval Of Crypto Charters Faces Pushback From Banking Lobbyist Groups

1 day ago

Premium Sponsors

Press Releases

  • I phone

    Топ 5 мистериозни кутии с...

    2 hours ago
  • Maxi Doge

    Може ли това да бъде токенът с...

    3 hours ago
  • PepeNode เกมขุดคริปโตสาย...

    4 hours ago
  • Wall Street Chain vs Chainlink: Why WSC Looks Set to...

    6 hours ago
  • HYPER ดึงเม็ดเงินทะลัก! ระดมทุนแตะ 29.5 ล้านฯ ลุยปลดล็อกศักยภาพ Bitcoin

    HYPER ดึงเม็ดเงินทะลัก!...

    1 day ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.