#Musk May Acquire TikTok#

Currently, the possibility of Musk acquiring TikTok is heating up. US President Trump has voiced his support for Musk or Oracle Chairman Larry Ellison to acquire TikTok and form a joint venture with the US government, believing this would secure TikTok’s operating license and provide strong backing. Although ByteDance has firmly rejected selling TikTok, Trump has signed an executive order extending the deadline for the sale by 75 days, while the US Supreme Court’s national security law ruling could force ByteDance to reconsider its sale plans. Saudi Prince Alwaleed bin Talal’s investment company Kingdom Holding (KHC) has also expressed interest in investing if Musk or others acquire TikTok. KHC currently holds stakes in Musk’s social media platform X and AI startup xAI, so its investment intention further increases the possibility of Musk acquiring TikTok. However, the Chinese government has expressed a cautious stance on the relevant transaction, stating that it hopes the US will provide a fair and non-discriminatory environment, which will be a key factor in determining whether the transaction can ultimately be completed.