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Elon Musk Shuts Down TikTok Buyout Rumors, Says He Prefers To Build Companies From Scratch: ‘I Rarely Acquire Companies’

Elon Musk, the CEO of SpaceX and Tesla (NASDAQ: TSLA), has publicly dismissed the idea of acquiring the widely-used short-video app, TikTok. On Jan. 19, the U.S. President, Donald Trump signed an executive order aiming to postpone the enforcement of a ban on the Chinese short-video app.

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