Elon Musk Dismisses TikTok Acquisition Talks

In a recent revelation, Elon Musk has publicly stated his disinterest in purchasing the TikTok app from its Chinese parent company. This statement came to light during an event hosted by Axel Springer CEO Mathias Doepfner last month, as reported by Bloomberg on Saturday.

Despite former President Donald Trump's supportive stance towards such a deal, Musk has firmly dismissed any speculation of acquiring the popular social media platform. Trump had previously mentioned his approval for the sale, under the condition that half of the company's assets would be transferred to the United States in exchange for a permit.