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US: No plans to acquire TikTok – Elon Musk

1 week ago 21

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Elon Musk, the world’s richest person and a top advisor to US President Donald Trump, said he has no interest in acquiring social media platform TikTok’s operations in the United States, in comments released Saturday.
“I’ve not put in a bid for TikTok and I don’t have any plans for what I would do if I had TikTok,” said Musk in comments made via videolink at a German forum in late January that was released on the weekend.
TikTok is facing down a US law that ordered the company to break off from its Chinese owner ByteDance or otherwise be banned in the United States over national security concerns regarding the data it gathers on users.
In one of his first acts in office, Trump ordered a pause on enforcing the law that should have seen TikTok effectively made illegal in the country a day before he took office for a second term.
Soon after, Trump said he would be open to Musk – the owner of social media platform X, Tesla and a slew of other companies – buying the platform.

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