Elon Musk is not interested in buying tiktok

Anh Vũ |

Billionaire Elon Musk confirmed that he had no intention of buying Tiktok.

This statement was issued by Elon Musk at the end of January 2025 in an online conference led by The Welt Group, a unit of Germany's Axel Springer SE media group, and announced on 8.2.

Mr. Musk emphasized: "I have never made any offer to buy Tiktok."

This speech was made just a week after President Donald Trump expressed his welcome if Musk intended to acquire the application owned by Bytedance. However, Elon Musk, who is currently the head of the Government effectively (Doge), frankly said he did not use Tiktok and was not familiar with the content format of this platform.

Earlier, President Trump signed a executive decree to delay the implementation of the Tiktok ban, expected to take effect from January 19. This decree requires bytedance to sell Tiktok's assets in the US before the deadline, otherwise the application will be completely banned.

The main reason for this decision stems from concerns that the Chinese government may force Bytedance to share user data, causing national security risks.

However, Tiktok has denied the allegations, affirming that they have never and will never share US user data with any government.

President Trump revealed that he was negotiating with many involved parties about the ability to buy back Tiktok and may make the final decision this month. This application currently has about 170 million users in the United States, a significant number that shows the vast influence of this platform.

Mr. Trump's move towards Tiktok showed a significant change in his position compared to the previous term, when every effort to prohibit this application. Recently, he even expressed sympathy with Tiktok, admitting that the platform helped him effectively approach the young voters in the presidential election in 2024.

In the context that the negotiations are still happening, Elon Musk's definitive statement shows that he has no intention of participating in this cult deal, although he was encouraged by President Trump. This is somewhat clarifying the uncertain future picture of Tiktok in the US market.

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