Elon Musk: No TikTok Buyout Planned
https://www.nbnw.org/news/elon-musk-no-tiktok-buyout-planned
Elon Musk publicly states he has no intention of acquiring TikTok, citing lack of interest and unfamiliarity with the platform's format. Amid U.S. scrutiny over national security concerns related to TikTok's Chinese ownership, Musk contrasts a potential TikTok acquisition with his purchase of Twitter, emphasizing a strategic rationale would be needed. Speculation arose due to reports of Chinese officials suggesting selling TikTok to Musk, but both Musk and TikTok deny these claims. Musk's decision not to pursue TikTok comes as a relief to some observers wary of his ownership implications.
