Elon Musk Directly Addresses Ongoing TikTok Acquisition Speculation

Elon Musk Directly Addresses Ongoing TikTok Acquisition Speculation

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  • Elon Musk directly addresses the continuous TIKTOK Speculation by noting that it has no interest in obtaining the platform.
  • Elon Musk is preferred to build companies from scratch instead of getting existing companies.
  • The speculation about the purchase of Elon Musk that buys Tiktok was through comments from former US President Donald Trump.

Elon Musk has treated the ongoing rumors about him, which is likely to gain Tijook, showing that he has no interest in buying the platform.

At a recent conference organized by the Wilt Group, Musk stated that it prefers to build companies from A to Z rather than buying current companies. He stated that his acquisition on Twitter was a unique issue, motivated by his commitment to protect freedom of expression.

Elon Musk directly addresses the continuous TIKTOK Speculation

Musk's comments come at a time when Tiktok has serious challenges in the United States, including the possible ban due to national security issues related to its Chinese ownership. Despite these challenges, BYTEDANCE, the parent company of Tiktok, has repeatedly denied any intentions to sell its American operations.

Other potential buyers appeared, including major technology companies such as Microsoft and Oracle. Moreover, a group of technical entrepreneurs, Jesse Tinsley, raised more than $ 20 billion to make an offer for American Tijook.

Musk's position in Tiktok conflicts with his views on government restrictions; It is against the prohibition of application but has no desire to obtain it himself. His attention remains to create new projects instead of growing through acquisitions.

Since talks about the future progress of Tiktok, many proposals are considered to be considered to address national security problems while maintaining the user's access to the statute. This position confirms the complex organizational challenges and market dynamics facing the main social media platforms amid a scrutiny on the privacy of data and geopolitical tensions.

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Last update on February 10, 2025 of 247 news around the world



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