Elon Musk stated that he does not plan to acquire TikTok, despite rumors of a potential deal. In an interview at the WELT Economic Summit, he emphasized that purchasing the company has no clear goal for him, apart from the economic one. Musk noted that he previously bought Twitter to protect freedom of speech, but a similar rationale does not apply to TikTok. The main value of the app is its algorithm, which influences the user experience, and Musk pointed out that this is a key factor when considering any deal. TikTok remains under the control of Chinese ByteDance, despite interest from other investors.
2/10/2025 7:56:58 AM (GMT+1)
Elon Musk is not interested in buying TikTok: The CEO of Tesla and SpaceX explained that there is no clear goal, apart from the economic one, for a deal with the Chinese app 💡
47
Total views in all languages
Share: 100
x3
This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
Top Articles of the Last 10 Days
The court dismisses the lawsuit against DOGE by Elon Musk, allowing access to data from the U.S. Department of Treasury despite concerns about leaks of confidential information
Tether froze $27 million USDT on the Russian exchange Garantex, leading to the suspension of all operations and withdrawals in response to international sanctions
Senator Tim Scott proposes a bill to exclude "reputational risk" in banking regulations, with the goal of stopping the de-banking of cryptocurrency companies and legal businesses
Binance launches a voting mechanism for the listing and delisting of tokens, providing users with more control and supporting new promising projects
President Trump signed an order to create the Strategic Bitcoin Reserve and the National Digital Asset Reserve to strengthen the U.S. position in managing cryptocurrencies
Nigeria receives $60 million from confiscated US assets after Tigran Gambaryan’s release, strengthening cooperation in the fight against corruption and financial crimes
The European Central Bank (ECB) plans to release the digital euro by October 2025, despite doubts from lawmakers due to the recent failure in the Target 2 system
