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Will Elon Musk Buy TikTok? What We Know [Video]

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Reports have emerged suggesting Elon Musk, the tech billionaire, is being eyed by Chinese authorities as a potential buyer of TikTok. The social-media app is facing a ban in the U.S. from Sunday, January 19, over national security concerns.

This is what we know so far.

Newsweek has reached out to the press department for Musk’s Tesla via email for comment.

Why It Matters

A third of American adults use TikTok, according to data from the Pew Research Centre. The app’s relationship with its Chinese parent company ByteDance has led to concerns it could be used for spying and political disruption.

(L) Tesla CEO Elon Musk on December 5, 2024, in Washington, D.C. (R) The TikTok logo on an iPhone screen on December 6, 2024, in San Anselmo, California. Reports suggest Chinese officials are considering Musk…Anna Moneymaker & Justin Sullivan/Getty Images, Canva Stock

Musk, the world’s richest man, is an influential figure in politics …

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