ABOARD AIR FORCE ONE (Reuters) – The White House on Thursday declined to comment on billionaire entrepreneur Elon Musk’s $43 billion cash takeover offer for Twitter Inc, saying market regulators operate independently from political leadership.
“This is an offer by a private investor, and we don’t have any comment here,” said White House spokesperson Karine Jean-Pierre, referencing the U.S. Securities and Exchange Commission (SEC).
“The SEC is independent and would handle any review processes if this moves forward.”
(Reporting by Jeff Mason and Trevor Hunnicutt; Editing by Chizu Nomiyama and Jonathan Oatis)
