"I like Elon and I wish him a lot of luck. I hope he does well with it," said Trump.
He would not say if he would rejoin Twitter if he were allowed back on the platform. He was permanently suspended by Twitter over statements he made about the veracity of the election on Jan. 6 as some of his followers were rioting at the U.S. Capitol.
Trump has since joined Truth Social, an alternate social media platform.
"I am staying on Truth. I like it better, I like the way it works, I like Elon, but I'm staying on Truth," he added.
He went on to claim that Twitter had only been popular after he joined it.
"Facebook is now down $80 billion and boring. Twitter has been taken over, and, if it wasn’t for me, it would have never been taken over. No one would have even thought about it," he said.
"I made Twitter hot 12 years ago, I made Twitter hot," he said. "And then when they terminated, it became cold, and that’s what happened."
Trump has previously said that Twitter did him a favor by banning him because he was able to reach more people on his own through press releases. He's also said that he would never return to Twitter because it was boring.
He also posted a statement on Truth Social about Musk's acquisition.
“I am very happy that Twitter is now in sane hands, and will no longer be run by Radical Left Lunatics and Maniacs that truly hate our country,” Trump wrote. “Twitter must now work hard to rid itself of all of the bots and fake accounts that have hurt it so badly. It will be much smaller, but better. I LOVE TRUTH!”
Musk said Friday that he would create a "content moderation council" to determine which accounts should continue to be suspended. Some wondered whether this was a precursor to allowing Trump back on the platform.
Many on the left responded to Musk seizing Twitter by claiming that they would leave the platform over their opposition to Musk's political sympathies.
"It’s like the gates of hell opened on this site tonight," tweeted controversial Washington Post technology columnist Taylor Lorenz.
Here's more about Musk taking Twitter:
Is Elon Musk Walking into a FIRESTORM at Twitter? | The News & Why It Matters | 10/27/22www.youtube.com