"TikTok Denies Musk Acquisition Rumors: 'Pure Fiction'"

TikTok has dismissed reports suggesting that it is in talks with Elon Musk for a potential acquisition, calling the rumors "pure fiction." The social media platform, which has been facing pressure from U.S. lawmakers over national security concerns, issued a statement refuting the claims made in a Bloomberg report.

According to the report, Chinese government officials have discussed the possibility of selling TikTok's U.S. operations to Musk, who owns Twitter (now X) and has a close relationship with former President Donald Trump. However, a TikTok spokesperson told TheWrap that the report was "not accurate" and that the company had no plans to sell to Musk or any other U.S.-based company.

TikTok has been at the center of a political storm in the U.S. for some time, with lawmakers expressing concerns about its Chinese ownership and potential ties to the Chinese government. In April 2023, President Joe Biden signed a law that would ban TikTok unless its Chinese parent company, ByteDance, sold its U.S. operations to an American company.



Musk, who has been a vocal critic of the U.S. government's attempts to ban TikTok, has not commented on the acquisition rumors. However, he has previously expressed support for the app and its users, tweeting in December 2022 that "TikTok is a great app and I support their efforts to keep it alive."

TikTok's denial of the acquisition rumors comes as the company continues to fight against the U.S. government's attempts to ban it. In September 2023, TikTok launched a legal challenge against the U.S. government's plans to ban the app, arguing that the ban would violate its users' free speech rights.

As the battle over TikTok's future in the U.S. continues, the company's denial of the Musk acquisition rumors serves as a reminder of the complex political and regulatory landscape it faces. With a user base of over 1 billion people worldwide, TikTok's fate will have significant implications for the social media industry and the broader tech sector.

In conclusion, TikTok's denial of the Musk acquisition rumors highlights the ongoing uncertainty surrounding the app's future in the U.S. As the company continues to navigate the political and regulatory challenges it faces, it remains to be seen whether it will be able to maintain its presence in the U.S. market or if it will be forced to seek alternative solutions to ensure its survival.