Elon Musk Denies Interest in Acquiring TikTok
Elon Musk has dismissed rumors of his potential acquisition of TikTok, the popular social media platform currently facing national security concerns in the United States.
Speaking at a recent conference, Musk stated that he had no involvement in acquiring TikTok and had no plans to do so in the future. He also expressed that he is not an active user of the platform.
Musk's comments come amidst speculation that he may be interested in purchasing TikTok's US operations, as reported by Bloomberg News in January. However, Musk has clarified that he has no such intentions, preferring to focus on building companies from scratch.
The future ownership of TikTok remains uncertain, with ByteDance, TikTok's parent company, resisting a sale. The US government's ongoing efforts to address security concerns could potentially impact ByteDance's decision-making.
Musk's previous relationship with former President Donald Trump, who supported a TikTok ban during his first term, has also been a topic of speculation. However, Musk has maintained that he has no current plans to pursue TikTok's acquisition.