Elon Musk Says He Has No Interest in Buying TikTok

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Elon Musk Says He Has No Interest in Buying TikTok
BusinessELON MUSKTIKTOK
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Elon Musk stated that he has no plans to acquire TikTok, the popular social video app facing potential bans in the US due to national security concerns. Musk clarified his stance during a conference hosted by AxelSpringer, emphasizing that he usually builds companies from scratch and prefers to focus on preserving free speech. While he acknowledged that buying Twitter was an exception, he stressed that TikTok acquisition is not a priority for him.

Elon Musk said he isn’t interested in buying TikTok, the popular social video app the US has tried to ban over national security concerns with its Chinese owner Bytedance Ltd.

Buying Twitter was an exception, he said, which he said he bought to “preserve freedom of speech.” He said “I usually build companies from scratch.” The order marked the latest turn in a years-long effort in Washington to ban the app over security concerns. Trump—who advocated in favor of a ban during his first term—changed his mind after the app helped him win over younger voters. “We won the young vote. I think I won it through TikTok, so I have a warm spot in my heart for TikTok,” he said.Trump has said he would be open to Musk, who donated more than $250 million to his presidential campaign, or Oracle Corp.

“Is it some AI revolution? No, it is not. xAI and others will soon be releasing models that are better than DeepSeek,” Musk said, referencing his own AI company.Musk said that Germany should emulate the process he has started with DOGE.“The cleansing process for getting rid of nonsensical regulations is war,” he said. “We prefer not to have war. In the absence of war you have to have something like what we’ve formed in the US, the Department of Government Efficiency.

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