February 9, 2025 - 11:39
Elon Musk, the CEO of Tesla and SpaceX, has made it clear that he has no intentions of purchasing the popular video-sharing platform TikTok. During a virtual meeting at the WELT Economic Summit held on January 28, Musk addressed speculation surrounding a potential acquisition. His comments come amid ongoing discussions about the future of TikTok, particularly in light of regulatory scrutiny and concerns over data privacy.
Musk emphasized his focus on other ventures and innovations, stating that his current priorities lie within the realms of electric vehicles and space exploration. As TikTok continues to grow in popularity, attracting millions of users worldwide, the platform remains a focal point for various investors and tech enthusiasts. However, Musk's remarks suggest that he will not be joining the ranks of those looking to capitalize on TikTok's success.
This announcement has sparked conversations about the future of social media platforms and the potential for new ownership structures in the tech industry.
