Musk Denies Plans to Acquire TikTok

Elon Musk clarified that he is not pursuing the acquisition of TikTok, mentioning, "I haven't made a bid for TikTok and I don't have any specific plans for it even if I did." TikTok, confronting a possible ban over national security issues, boasts approximately 170 million monthly users in the U.S. Musk expressed doubts about the rationale behind acquiring TikTok, noting, "It's not evident to me the purpose of acquiring TikTok beyond financial gain." Despite various billionaires showing interest, ByteDance has confirmed it has no intention of selling TikTok.