Did Ken (Barbie's beau) turn out to be gay, in the Mattel Barbie mythos (see wikipedia excerp) ?

I’ve been asking joke questions lately, but this one is based on something I uncovered while researching Mattel’s Big Jim / Big Josh/ Big Jack / Big Jeff action figure line.

From Wikipedia: In 1993, “Earring Magic Ken” was released. The style of the doll was thought to resemble fashions and accessories worn by some segments of the gay community at the time, and “Earring Magic Ken” subsequently attained a cult following, becoming a collector’s item.[4]

In February, 2004, Mattel announced a split for Ken and Barbie, with Russell Arons, vice president of marketing at Mattel, saying that Barbie and Ken “feel it’s time to spend some quality time – apart…Like other celebrity couples, their Hollywood romance has come to an end”, though Arons indicated that the duo would “remain friends”. He also hinted that the separation might be partially due to Ken’s reluctance to getting married.[5] In February, 2006 however, a revamped version of the Ken doll was launched, though it was stated that their relationship is still purely platonic.[6][7]

(Me, now)—Maybe Mattel was trying to teach girls that there is more to life than a romantic relationship. It’s not an all-in-all, and people can appreciate another person without wanting a romantic or sexual relationship. But I wonder, if Ken was gay, it might make sense that he would have a respectable Platonic relationship with Barbie. I doubt Mattel would actually come out and declare homosexuality or sexual preference—but maybe the subtle implication was there.