Was OpenAI’s Refusal of Musk’s $97B Offer Rooted in Culture?

When news broke back in February that Sam Altman had rejected an unsolicited $97.4 billion offer for OpenAI—allegedly from a group tied to Elon Musk—the internet lit up. Was the bid serious? Was it strategic? Was it even feasible? But among the speculation, one deeper question remains mostly unexplored: What if the reason for the rejection was culture?

The Bid: Big Numbers, Bigger Implications

Let’s not underplay the magnitude of this. A $97.4B valuation would put OpenAI among the top echelon of tech companies. But Altman’s “no” wasn’t just a financial decision. Looking at the organizational DNA of OpenAI and Elon Musk’s X Corp., the stark cultural divide tells its own story.

Cultural Divergence: OpenAI vs X Corp.

Applying Deltabase’s 12-topic Culture Intelligence Framework—which encompasses critical dimensions such as Empowerment, Agility, Purpose, and Learning & Development—we can systematically compare the cultural landscapes of OpenAI and X Corp.

Culture Dimension OpenAI, Inc. X Corp.
Supportive-23.1-53.5
Career Progression100.0-21.4
Progressive33.3-11.8
Collaborative55.666.9
Empowered-56.318.3
Agility & Bureaucracy06.7
Pay & Rewards5343.3
Work-Life Balance-68.3-9.9
Learning & Development27.394.7
Tech in Workplace50-9.1
D&I5045.9
Purpose7.1-51.8

Reading Between the Cultural Lines

At first glance, both companies have their pain points—but they’re misaligned in what they value and what they’re willing to sacrifice.

  • OpenAI appears mission-driven, tech-forward, and focused on developing talent in ways that contribute to its long-term innovation. However, it struggles with empowerment and work-life balance, likely due to the high-stakes, high-intensity nature of its work.

  • X Corp., on the other hand, shines in learning and empowerment, but scores abysmally in purpose, agility, and progressive values. These are cultural foundations, not operational problems.

This contrast raises an important cultural theory: Can two companies with opposing values ever successfully merge—even with a shared interest in AI?

The Culture Theory Behind the “No”

Culture is more than perks and ping-pong tables. It’s how decisions are made, how risk is handled, how people are empowered (or not), and how purpose is defined.

Altman, who has built OpenAI around principles of AI safety, transparency, and cooperative development, likely saw not just a poor cultural fit—but an existential threat to OpenAI’s foundational goals. If culture is strategy, as Peter Drucker famously suggested, then the decision wasn’t just smart—it was inevitable.

Musk’s companies, including X Corp., are notorious for aggressive timelines, radical pivots, and a sometimes toxic tolerance for chaos in the name of innovation. OpenAI, while intense, appears to strive for alignment—between values, people, and outcomes.

Culture Eats Capital for Breakfast

It’s easy to frame Altman’s rejection as a bold financial move. But under the surface, the data tells a subtler, more powerful story: a cultural misalignment so fundamental that no amount of capital could bridge it.

In the age of AI and big deals, culture isn’t just a “soft” variable. It’s the backbone of innovation—and perhaps the clearest indicator of whether companies can (or should) join forces.

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Leroy Hall is a strategy and culture specialist at Deltabase, where he helps organizations unlock insights into leadership, workforce, and cultural dynamics through data-driven intelligence.