Browsing: Elon Musk

“I don’t have any plans for what I would do if I had TikTok. I’m not chomping at the bit to acquire TikTok, I do not acquire companies in general, it’s quite rare. I usually build companies from scratch.”

Reportedly, the SEC filed a lawsuit against Musk on Tuesday, alleging the billionaire committed securities fraud in 2022 by failing to disclose he had amassed an active stake in Twitter, a secrecy that allowed him to buy shares at “artificially low prices.”