Elon Musk said he isn’t interested in buying TikTok, Shelly Banjo of Bloomberg reports. “I have not put in a bid for TikTok,” Musk said in a conference remotely via video, which was made public by the Die Welt newspaper. “I don’t have any plans for what would I do if I had TikTok.” Companies in the social media space that compete with TikTok include Meta (META), Alphabet’s (GOOG) YouTube (GOOGL), Pinterest (PINS), Reddit (RDDT) and Snap (SNAP).
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on META:
- Amazon Goes All-in on Artificial Intelligence in 2025
- Meta Platforms (META) to Layoff 5% of its Global Workforce
- Trump says discussed AI and quantum computing with Japan’s Ishiba
- AI Daily: SoftBank to invest in OpenAI, Alibaba denies DeepSeek investment
- BABA Stock Climbs as it Denies $1 Billion DeepSeek Investment Plan