Elon Musk TikTok acquisition rumors have been making headlines recently. However, Musk has clarified that he has no plans to purchase the social media giant. Speaking at a conference in Germany, he firmly denied the speculation. “I have not put in a bid for TikTok,” Musk stated.
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His remarks come amid growing scrutiny of TikTok in the United States over national security concerns. ByteDance, TikTok’s Chinese parent company, faces pressure to sell its U.S. operations. But ByteDance has publicly refused to sell, adding more uncertainty to the platform’s future.
TikTok’s Future in the U.S.
The debate around TikTok’s operations in the U.S. continues. Some hope that a Supreme Court ruling on a national security law could force ByteDance to sell. However, any sale would also need approval from the Chinese government. This resistance complicates matters further.
Elon Musk, in his interview, expressed a preference for building companies rather than acquiring them. This further cements his stance against the rumored TikTok acquisition.
Musk on AI Competition
In the same interview, Musk discussed competition in artificial intelligence. He criticized DeepSeek, a Chinese AI chatbot, which has attracted attention for its cost-effective models. Musk emphasized that xAI and other companies will release better models soon.
“Is it some AI revolution? No, it is not,” Musk said confidently. His comments reflect the tech world’s ongoing battle for AI dominance.
Musk’s Policy Advocacy
Elon Musk also advocated for a “Department of Government Efficiency” to reduce bureaucratic processes. Drawing from his experiences in the U.S., he suggested that countries like Germany should adopt similar models.
He praised former President Donald Trump’s use of tariffs as a strategy to promote international cooperation. This shows Musk’s willingness to discuss broader policy issues beyond the tech world.
The Elon Musk TikTok acquisition rumors may now rest. Musk has made it clear that TikTok is not part of his plans. Instead, he remains focused on building innovative companies and competing in the AI space.