Elon Musk Confirms No Interest in Acquiring TikTok

The billionaire clarified he has no plans to bid for the app, citing his preference for building companies rather than acquiring them.

Elon Musk stated during the WELT Economic Summit that he has not made a bid for TikTok and does not plan to acquire the platform.
Musk emphasized his preference for building companies from scratch, noting that his acquisition of Twitter, now X, was an unusual exception driven by a desire to protect freedom of speech.
TikTok faces ongoing regulatory pressure in the U.S., with ByteDance required to sell its American operations or risk a ban due to national security concerns.
President Donald Trump recently extended the deadline for TikTok to find a U.S.-based buyer, while some investors, including MrBeast and Kevin O'Leary, have expressed interest in purchasing the app.
ByteDance has denied plans to sell TikTok, while Apple and Google have yet to reinstate the app in their stores after its removal under U.S. law.