Elon Musk lately stated he’s “now not chomping on the bit to procure TikTok.”
Musk made the ones remarks all the way through an interview on the WELT Financial Summit on January 28. A video of the interview used to be printed as of late.
The interview got here after President Donald Trump behind schedule a regulation requiring guardian corporate ByteDance to promote TikTok or see it banned in america. On the time, there have been experiences that the Chinese language govt used to be open to a deal through which Musk (a key Trump best friend) would achieve the app. Trump even advised journalists that he’d like to look Musk or Oracle chairman Larry Ellison achieve TikTok; he’s additionally signed an government order to create a sovereign wealth fund that would acquire a stake within the app.
However Musk claimed that he wasn’t , flatly declaring, “I’ve now not installed a bid for TikTok.”
“I don’t have any plans for what would I do if I had TikTok,” he stated within the interview. “I suppose I might have a look at the set of rules and take a look at to come to a decision: How useful or helpful is that this set of rules? And what are we able to do to shift the set of rules to be extra productive and in the end be really helpful to humanity?”
He added that he doesn’t “use TikTok in my opinion” and is “now not that conversant in it.” And he described his acquisition of Twitter (now X) as an anomaly in his profession: “I generally construct firms from scratch.”
Musk’s feedback on TikTok got here just about 20 mins into the interview, which to begin with interested in his plans for his Division of Executive Potency (DOGE) underneath the Trump management. Musk and his allies have therefore taken regulate of federal companies and received get admission to to very large troves of delicate information.
“With appreciate to govt, truly the problem is overcoming paperwork,” he stated. “I believe paperwork is most likely the penultimate boss combat. Without equal boss combat is defeating entropy … The second one toughest combat is defeating paperwork. That’s how tricky it’s to fortify govt.”