As if Elon Musk doesnt have enough going on, a consortium of investors led by him announced plans Monday for what appears to be a hostile takeover of OpenAI. The investor group offered nearly $97.4 billion to buy all of OpenAIs assets and is prepared to consider matching or exceeding higher bids, it said in a press release sent to TechCrunch.OpenAI CEO Sam Altman isnt having it. He immediately replied on X, no thank you but we will buy twitter for $9.74 billion if you want.The consortium includes Baron Capital Group Inc., Valor Management LLC, Atreides Management, LP, Vy Fund III L.P., Emmanuel Capital Management LLC, and Eight Partners VC LLC.While Emanuel Capital Management has a slimmer public profile, the others are firmly in Musks orbit. Baron Capital Group, which manages multiple mutual funds, was founded by Ron Baron. The firms Baron Partners Fund, which he manages with his son Michael Baron, has large stakes in Tesla and SpaceX. Atreides Management is associated with Boston-based hedge fund Atreides. As we previously reported, founder Gavin Baker spent 18 years at Fidelity where he made his first investment in SpaceX. Atreides has also invested in Tesla and Baker was a public supporter of Musks enormous Tesla pay package. Valor Management was founded by Antonio Gracias, an early SpaceX investor and former Tesla board member. He was also an investor in Musks Solar City before Tesla acquired it. Vy Capital, founded by Alexander Tamas, also has a SpaceX stake and has invested in a number of other Musk companies like The Boring Company and Neuralink.Eight Partners VC is better known as Joe Lonsdales firm 8VC, according to public filings. Lonsdale is a vocal fan of Musk and runs in similar circles. He recently appeared on CNBC calling himself a huge fan of Musks DOGE, an interview that Musk reposted on X.Its not yet clear how serious this group is. One plausible analysis floating around the internet is that this is as much trolling as offer. Some say this is Musks attempt to drive up the price that Altmans team would have to pay to buy OpenAIs underlying assets in order to restructure it from its original non-profit status.Musk was part of the founding of OpenAI as a nonprofit AI research organization and Musk has been attempting to halt Altmans restructuring plans.