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Elon Musk Denies Interest in Acquiring TikTok

by Alexandra Hartman Editor-in-Chief

Elon​ Musk on ​TikTok: No​ Acquisition Plans & A ⁤Focus‌ on Algorithm Improvement

Elon Musk recently clarified his stance on acquiring TikTok, stating that he⁣ has no such plans. “I have not put in a ⁤bid for TikTok,” declared Musk during an interview at ⁤teh WELT Economic Summit ‍on January 28th. A video of the ​interview‍ surfaced recently,sparking ⁤renewed discussion about Musk’s possible involvement with the social media platform.

This interview comes after a series of developments ⁢involving ‌TikTok’s future in the United ⁣States. President‍ Donald Trump had initially pushed for ByteDance, TikTok’s parent company, to sell⁢ the app or face a ban in the⁣ U.S. There were even reports that the ⁤Chinese government might‍ be open to a deal where Musk, a vocal Trump ally, would acquire TikTok. Trump notably expressed his preference for Musk ‌or oracle chairman Larry Ellison to take over the⁢ app.

Despite these events, Musk remains⁣ unequivocally disinterested ​in acquiring TikTok.He stated, “I don’t have any plans for what I would do if I had⁢ tiktok.” He further elaborated, “I guess I⁢ would look at the algorithm and try to decide: How helpful or useful is this algorithm?‍ And what can we do‌ to shift⁤ the algorithm to be more productive and ultimately be beneficial to humanity?”

Musk also admitted to not ⁤personally using TikTok and ⁣having‌ limited familiarity with the platform. He contrasted his acquisition of Twitter (now ⁤X) as an anomaly in⁢ his career, emphasizing‍ his usual⁢ practice of “building companies from scratch.”

The DOGE Initiative⁢ and Government Efficiency

The interview delved into Musk’s plans for⁢ his Department of Government​ Efficiency⁤ (DOGE), established under the Trump⁤ administration. Musk and his allies now control key federal agencies ‌and‌ have reportedly gained access to vast quantities of ‍sensitive data.

When asked about his approach to​ government, musk stated, “With respect ⁢to government, really ⁣the challenge is overcoming bureaucracy. I think bureaucracy is perhaps the penultimate boss battle. The ultimate boss battle is ⁣defeating entropy … The second hardest battle is defeating bureaucracy.​ That’s how tough it is to improve⁤ government.”

Musk’s comments on⁣ TikTok‍ and his ​DOGE initiative offer a glimpse into his ⁣vision⁤ for leveraging technology and leadership to address societal challenges. While he may not⁣ be interested ⁤in acquiring TikTok, his ‌focus on ⁣the ⁢algorithm’s potential impact highlights the ⁣growing discussions surrounding the influence of social media and the need for responsible growth ‍practices.

What specific concerns does Elon Musk have regarding the‌ potential impact of social media algorithms?

Elon‌ Musk on TikTok: No ⁢Acquisition ​Plans & A focus on Algorithm ‍Improvement

Elon Musk recently clarified his stance on acquiring TikTok, stating that he has⁣ no such plans.⁢ “I have not put in⁤ a‍ bid for⁤ TikTok,” declared ‌Musk during an interview at the‍ WELT Economic Summit on​ january 28th.​ A video of the ⁣interview surfaced recently, sparking renewed discussion about Musk’s‌ possible involvement with the social media platform.

This interview comes after a series of developments involving ‍TikTok’s ⁣future in the United States. President Donald trump had initially pushed for ByteDance, TikTok’s‍ parent⁤ company, to ⁣sell the app or ‍face a ban in ​the⁤ U.S. ⁢There where even reports that the Chinese goverment might be open to ⁢a‌ deal where Musk, a vocal Trump ally, would acquire TikTok. Trump ‌notably expressed his preference for Musk or Oracle chairman Larry Ellison to take over‍ the app.

Interview with Elon Musk

Interviewer: Ethan Carter, tech editor, Archyde

Elon, thanks for taking the time​ to ‌speak with us. ⁤The internet ‌went into a frenzy when footage from your WELT Economic Summit interview surfaced. Can you clear ⁤the air about potential acquisition talks for TikTok?

Elon⁤ Musk:

Certainly. I want to be clear:⁤ I have not submitted any bids for TikTok. The idea seems to have originated in the⁢ early​ days of the previous governance, and quite frankly,​ it never ⁤really gained traction⁣ from my side.

Interviewer: You’ve dabbled in ​buying companies⁢ before, most notably twitter, now ⁤X. What was different about TikTok?

Elon ‍Musk:

‌‍ My usual approach is‌ to⁣ build things from the ground⁢ up, rather than ⁣acquiring existing ‍platforms. X was an exception, a unique opportunity that ⁤aligned with my vision for a more open and decentralized online space.

Interviewer: What ​about‍ the algorithm? ​You mentioned you’d examine it⁣ closely if you did own TikTok.How meaningful is an algorithm’s potential impact?

Elon Musk:

Algorithms are ⁤incredibly powerful, ⁢they shape our online experiences‌ and influence‌ our perceptions. My concern is that⁢ some algorithms prioritize engagement over genuine utility,‍ leading to echo ‍chambers and the‍ spread⁤ of⁤ misinformation. I’m always interested in exploring ways⁢ to‌ improve algorithms ⁢to be more⁢ beneficial for ‍society.

Interviewer: Since you don’t personally use TikTok, how were you planning to‌ approach such a drastic ⁤change?

Elon Musk:

I rely on my team of experts to ‍inform⁣ my decisions.

With respect to ‌government, really the challenge is overcoming bureaucracy. I ‍think bureaucracy is perhaps the penultimate boss battle. The ultimate ​boss battle ⁣is ‍defeating entropy … The second hardest battle is defeating bureaucracy. That’s how tough it is indeed to ⁤improve government.

Musk’s comments on tiktok​ and⁢ his DOGE initiative ⁤offer a glimpse into⁤ his⁢ vision for leveraging⁤ technology and leadership to address societal ⁤challenges.⁣ While he may not‍ be⁣ interested⁣ in acquiring TikTok, his focus on the⁤ algorithm’s potential impact highlights the growing discussions⁢ surrounding the influence of social media and the need for responsible growth practices.

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