#Musk May Acquire TikTok#

The possibility of Elon Musk acquiring TikTok is heating up. U.S. President Donald Trump has expressed support for Musk or Oracle Chairman Larry Ellison to acquire TikTok and form a joint venture with the U.S. government, even willing to let the U.S. own 50% of TikTok shares. Trump's statement, along with his previous executive order extending the TikTok sale deadline by 75 days, and the U.S. Supreme Court's national security law ruling that could force ByteDance to reconsider its sale plan, have all created favorable conditions for Musk's acquisition of TikTok. It is worth noting that Saudi Prince Alwaleed bin Talal's investment firm Kingdom Holding (KHC) has also said it would be interested in investing if Musk or anyone else acquires TikTok. KHC currently holds stakes in Musk's social media platform X and artificial intelligence startup xAI, indicating KHC's positive attitude towards Musk's acquisition of TikTok. However, ByteDance still refuses to sell TikTok, and the Chinese government has also expressed a cautious stance on related transactions, saying it hopes the U.S. will provide a fair and non-discriminatory environment. Therefore, whether Musk can ultimately succeed in acquiring TikTok remains to be seen.