Musk's Stance on TikTok Acquisition
, CEO of Tesla and , stated he has no intention of purchasing TikTok, emphasizing a lack of plans or interest in the platform during a virtual meeting at the WELT Economic Summit.
Musk clarified that his acquisition of Twitter (now X) was an exception, driven by a desire to preserve freedom of speech, and he sees no similar purpose or benefit in acquiring TikTok.
TikTok's Future and Potential Buyers
Despite Musk's disinterest, TikTok's U.S. assets have attracted attention from other billionaires and influencers, including MrBeast, , and , amid ongoing national security concerns and a potential ban.
The app's valuation, significantly influenced by its algorithm, remains a topic of discussion as ByteDance faces pressure to sell TikTok's U.S. operations or face a ban, with various parties expressing interest in a purchase.