Tech billionaire Elon Musk must face a lawsuit over allegations that his political action committee committed fraud by telling voters they had a chance to randomly win $1 million despite the winners being predetermined.

Billionaire Elon Musk and his social media firm X have reached a tentative settlement with former employees who had sued for $500m (£373m) in severance pay. The parties reported the deal in a court filing on Wednesday,

A Musk-led consortium offered $97.4 billion to buy OpenAI as part of his continuing legal battle with the company he co-founded alongside Sam Altman.

That’s according to court filings, which state that Musk asked the Meta CEO about “potential financing arrangements or investments” before sending his letter of intent. Neither Zuckerberg nor Meta signed it.

Billionaire Elon Musk tried to convince Meta CEO Mark Zuckerberg to get behind a joint purchase bid for OpenAI earlier this year, according to court documents.