Elon Musk said he isn’t interested in buying TikTok, Shelly Banjo of Bloomberg reports. “I have not put in a bid for TikTok,” Musk said in a conference remotely via video, which was made public by the Die Welt newspaper. “I don’t have any plans for what would I do if I had TikTok.” Companies in the social media space that compete with TikTok include Meta (META), Alphabet’s (GOOG) YouTube (GOOGL), Pinterest (PINS), Reddit (RDDT) and Snap (SNAP).
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on META:
- Amazon Goes All-in on Artificial Intelligence in 2025
- Meta Platforms (META) to Layoff 5% of its Global Workforce
- Trump says discussed AI and quantum computing with Japan’s Ishiba
- AI Daily: SoftBank to invest in OpenAI, Alibaba denies DeepSeek investment
- BABA Stock Climbs as it Denies $1 Billion DeepSeek Investment Plan