#Musk May Acquire TikTok#

Currently, Musk's potential acquisition of TikTok is generating a lot of buzz. U.S. President Donald Trump has expressed support for Musk or Oracle Chairman Larry Ellison acquiring TikTok and forming a joint venture with the U.S. government. He has also extended the deadline for the sale by 75 days. Kingdom Holding (KHC), the investment company owned by Saudi Prince Alwaleed bin Talal, has also stated its interest in investing if Musk or anyone else acquires TikTok. However, ByteDance, the parent company of TikTok, has firmly rejected selling TikTok, saying it hopes the U.S. will provide a fair and non-discriminatory environment. Despite this, the U.S. Supreme Court's National Security Law ruling could force ByteDance to reconsider its sale plans. Besides Musk and Ellison, other potential bidders include a team led by tech entrepreneur Jesse Tinsley, former Los Angeles Dodgers owner Frank McCourt, and "Shark Tank" investor Kevin O'Leary. Currently, the possibility of Musk acquiring TikTok remains uncertain, but the outcome of this event will have a significant impact on the future development of TikTok and the technology relationship between China and the United States.