#Musk May Acquire TikTok#

The possibility of Musk acquiring TikTok has recently sparked heated discussions. US President Trump has expressed support for Musk or Larry Ellison, chairman of Oracle, acquiring TikTok and forming a joint venture with the US government, even willing to let the US own 50% of the shares. Trump also signed an executive order extending the TikTok sale deadline by 75 days and expressed support for Musk's acquisition of the app. However, ByteDance has firmly refused to sell TikTok and said it hopes the US will provide a fair and non-discriminatory environment. Kingdom Holding (KHC), the investment company of Saudi Prince Alwaleed bin Talal, said it would be interested in investing if Musk or anyone else acquired TikTok. KHC currently holds shares in Musk's social media platform X and AI startup xAI. Although the possibility of Musk acquiring TikTok exists, the final outcome still depends on the negotiations between ByteDance and the US government, as well as the attitude of the Chinese government.