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Elon Musk recently stated that he is “not interested in acquiring TikTok.”
Musk made these remarks during an interview at the WELT Economic Summit on January 28. A video of the interview was published today.
The interview took place after President Donald Trump delayed a law requiring ByteDance to sell TikTok or face a ban in the United States. Reports at the time suggested that the Chinese government was open to a deal in which Musk would acquire the app. Trump also expressed interest in seeing Musk or Oracle chairman Larry Ellison acquire TikTok. Furthermore, Trump signed an executive order to create a sovereign wealth fund that could purchase a stake in the app.
However, Musk claimed that he was not interested in acquiring TikTok, stating, “I have not put in a bid for TikTok.”
When asked about his plans for TikTok, Musk replied, “I don’t have any plans for what I would do if I had TikTok. I guess I would look at the algorithm and try to decide: How helpful or useful is this algorithm? And what can we do to shift the algorithm to be more productive and ultimately be beneficial to humanity?”
Musk also stated that he does not use TikTok personally and is not familiar with it. He described his acquisition of Twitter (now X) as an anomaly in his career, saying, “I usually build companies from scratch.”
Musk’s comments on TikTok came approximately 20 minutes into the interview, which initially focused on his plans for his Department of Government Efficiency (DOGE) under the Trump administration. Musk and his allies have since taken control of federal agencies and gained access to large troves of sensitive data.
Musk discussed the challenges of improving government, stating, “With respect to government, really the challenge is overcoming bureaucracy.” He also noted that “bureaucracy is perhaps the penultimate boss battle” and that the ultimate challenge is “defeating entropy … The second hardest battle is defeating bureaucracy. That’s how difficult it is to improve government.”
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