Elon Musk Joins TikTok, Fuels SpaceX IPO Rumors

Elon Musk has created an official account on TikTok. The billionaire owner of X, formerly Twitter, now appears on the Chinese-owned video platform. The move follows the recent appearance of a verified Instagram account under his name. This expansion to new social media sites is unusual for Musk. It comes as he prepares for a landmark business event. Musk's rocket company, SpaceX, is planning an initial public offering (IPO). An IPO is when a private company first sells shares to the public. Analysts suggest Musk's new social media activity may be linked to the SpaceX listing. Companies often increase public outreach before major financial announcements.