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Musk says not interested in acquiring TikTok

REUTERS
Monday, Feb 10, 2025

WASHINGTON: Billionaire Elon Musk said that he was not interested in purchasing TikTok, the popular short-video app that the United States has been trying to ban over national security concerns with its Chinese owner ByteDance.

Musk’s comments, made in late January, were released online Saturday by The WELT Group, a part of the German media company Axel Springer SE, which hosted a summit, where the Tesla TSLA.O chief joined the conference via video.

“I have not put in a bid for TikTok,” Musk said a week after US President Donald Trump said he was open to Musk buying the ByteDance-owned app if he wanted to do so. “I don’t have any plans for what I would do if I had TikTok,” Musk said, adding that he does not use the short video app personally, and was not familiar with the app’s format.