Elon Musk’s potential purchase of TikTok is making headlines, and the estimated price tag is staggering. According to analysts, the cost of TikTok could range from $40 billion to $50 billion, excluding its proprietary algorithm.
However, if the algorithm is included in the sale, the valuation could skyrocket to over $100 billion, potentially reaching $200 billion in a best-case scenario.
It’s worth noting that TikTok has denied rumors of a sale to Elon Musk, calling the reports “pure fiction”. Nevertheless, Musk’s interest in acquiring TikTok is seen as a strategic move to create an “everything app” and bolster his AI ambitions.
Other potential buyers, including Microsoft, Oracle, and a consortium led by Frank McCourt and Kevin O’Leary, are also reportedly in the running. However, the situation remains uncertain, with the US government’s ban on TikTok looming and the Supreme Court’s decision pending.
Sources:
- Bloomberg: “TikTok’s Value Could Reach $200 Billion in Sale, Analysts Say”
- Reuters: “Elon Musk’s potential TikTok purchase sparks speculation”
- CNBC: “TikTok’s valuation could reach $100 billion or more in a sale”
- The Wall Street Journal: “TikTok Denies Rumors of Sale to Elon Musk”
- Forbes: “Elon Musk’s Potential TikTok Purchase: What It Means For The Social Media Landscape”
