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Musk's companies drop antitrust suit against Apple but continue case against OpenAI over chatbot monopoly claims

Market News
14 Sep 2026
PYMNTS
View Source
Bearish
Musk's companies drop antitrust suit against Apple but continue case against OpenAI over chatbot monopoly claims

Elon Musk's companies xAI and X have voluntarily dismissed their antitrust lawsuit against Apple, which accused Apple of favoring OpenAI's ChatGPT in the iPhone's operating system. However, the suit's claims against OpenAI remain active, alleging anti-competitive behavior to maintain a monopoly in the chatbot market. Apple and OpenAI deny these allegations, stating their partnership was never exclusive. The ongoing legal battles highlight tensions in the AI industry, with Musk and OpenAI frequently clashing over business practices and technology use.

Apple's market cap stands at $4.85 trillion as of Sep 15, 2026, 01:11 WIB, with a dividend yield of 0.33% and a trading volume of over 100 million shares on Pluang. The stock price is USD 333.93, up 0.50% for the day. This strong market presence contrasts with the ongoing legal disputes involving Apple and OpenAI, highlighting the tech giant's significant role in the AI and technology sectors.

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