"I am not going on Twitter, I am going to stay on TRUTH," Trump said. "I hope Elon buys Twitter because he’ll make improvements to it and he is a good man, but I am going to be staying on TRUTH."
Musk reached a deal on Monday to buy Twitter for around $44 billion, in a move that will delist the social media giant from the New York Stock Exchange and make it privately-held, according to a company statement.
The Trump Media and Technology Group (TMTG) in October said it will become a publicly listed company as an alternative to liberal media and will launch a social network named "TRUTH" Social.
Major social media like Facebook, Twitter and Instagram banned Trump following the January 6 unrest at the US Capitol, which some praise as a reasonable response to alleged incitement of riots, while others have voiced concerns about freedom of speech and expression in the United States.