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The CEO of Tesla and Space X said during a virtual meeting at the Welt Economic Summit on January 28, Elon Musk is not interested in buying video sharing platform Taxotok.
“I didn’t bid for trickyak and I have no plans to do what I would do if I had a Tickotico.” Said In a video released on Saturday by Welt Group, owned by German media company Excel Springer.
The Chinese -owned app, which contains about 170 170 million US consumers, was banned January 20 due to national security concerns. President Donald Trump gives Baitidance, the core company of Techtok, Line of the last minute life by delaying the ban for 75 days. The extension has given the ticket more time to find a non -Chinese buyer, which is a prerequisite for the bill signed by former President Joe Biden last April.
Betdance has said he does not have a plan to sell, though some investors have publicly said they are interested.
YouTube and T -Tauk Influxor, Mr Best, whose real name is Jimmy Donaldson, posted in January that he intended to buy the app. The “shark tank” star Kevin Oliery and former owner of Los Angeles Dodgers are also among a group of billionaires who have expressed interest.
The richest man in the world was considered to be a potential bid.
In 2022, Musk completed a $ 44 billion contract to achieve Twitter, named after X.
He said that the acquisition of Twitter was because “freedom of expression must be maintained in the United States,” and he is not convinced that “if the same logic applies to Takok.”
“I do not get things just for economic reasons. It is not clear to me that the purpose of the pursuit of trickyak will be different from economics.
According to Wade Bosh Securities analyst Dan Ivy, the US assets, without algorithm, have been estimated between $ 40 billion to $ 50 billion.
But most of the app’s cost can be algorithm, making it difficult to keep the dollar data. The first step for any buyer, as can be acknowledged, has to look at the ticket algorithm, which affects consumer experience.
Musk said that if he is to look at the algorithm, he will decide how harmful or useful this algorithm is. ”
Tesla and Space X did not respond to a CNN opinion request.
