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Elon Musk Declares No Interest in Acquiring TikTok Amid US Ban Concerns, ByteDance Given 75-Day Extension
Elon Musk has stated that he is not interested in acquiring TikTok, the popular short-video app that the United States has attempted to ban due to national security concerns related to its Chinese owner, ByteDance. Musk made these comments during a conference in Germany last month, which were released to the public on February 8. He emphasized that he has not submitted a bid for TikTok and has no plans for what he would do with the platform if he owned it. Musk, who does not personally use TikTok, prefers to build companies from scratch rather than acquire existing ones, citing his acquisition of Twitter, now known as the X platform, as a rare exception. His remarks come amidst speculation about potential buyers for TikTok, following a temporary ban in the U.S. that was lifted by President Trump, who granted ByteDance a 75-day extension to find a buyer.
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Who will emerge as a potential buyer for TikTok by April 30, 2025?
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Official announcements from potential buyers or media reports