Elon Musk Says He Has No Plans To Acquire Tiktok's Us Operations
- News24 Business front page .
Elon Musk, the worlds richest person and a top advisor to US President Donald Trump, said he has no interest in acquiring social media platform TikToks operations in the United States, in comments released Saturday.
Ive not put in a bid for TikTok and I dont 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 were released on the weekend.
TikTok is facing down 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.