Discovery

I Have No Plans To Acquire TikTok’s US Operations – Elon Musk

Tesla CEO and the top advisor to the US President, Elon Musk, has said he has no interest in acquiring TikTok’s operations in the United States.

“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’s operations,” said Musk in his comment made via videolink at a German forum in late January, released on the weekend.

A Recap On TikTok’s Ban

TikTok is currently facing a US law that ordered the company broken 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 announced that he would be open to Musk buying the platform.

Musk, however, said he did not wish to acquire the company.

“I don’t use TikTok personally, so, you know, I’m not that familiar with it,” he said. “I’m not chomping at the bit to acquire TikTok.”

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