Prince Alwaleed bin Talal’s Kingdom Holding interested in TikTok: CEO

The CEO of the Kingdom Holding Company (KHC), Saudi Arabia’s Prince Alwaleed bin Talal’s investment company, said on Wednesday that the company is interested in investing in TikTok if Elon Musk or others offered.

“If Musk, or others, offered, we would have an interest in looking into this investment no doubt,” KHC CEO Talal al-Maiman said on the sidelines of the World Economic Forum in Davos.

KHC also holds stakes in Musk’s X and xAI.

The future of TikTok, the Chinese-owned short-video social media application, remained unclear after it was saved by US President Donald Trump, who revived the app after going dark.

Trump signed an executive order delaying the enforcement of a ban on it by 75 days. The law cited national security to say the Chinese owner ByteDance should sell it or face a ban in the US.

To save the company’s US operations, Trump also floated the idea of a 50-50 partnership between the United States and its Chinese owner ByteDance, though he did not provide details on how this could be achieved.

On Tuesday, the president who took office earlier this week, said that he would be open to Musk buying TikTok.

Al-Maiman also said that despite Musk’s new role in the Trump administration and the other responsibilities he holds, the company believes that the tech billionaire has the ability to properly divide his time.

Musk has been tapped to run the new Department of Government Efficiency (DOGE), tasked with reducing government spending.