TikTok to Elon Musk? China considers how to keep the app in the U.S.
1 day, 7 hours ago

TikTok to Elon Musk? China considers how to keep the app in the U.S.

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With TikTok's days in the U.S. numbered, the Chinese government is discussing options to keep it in America that include a potential deal with Elon Musk, according to media reports. Chinese officials are considering whether Musk could acquire the app's U.S. operations if it is banned, Bloomberg and the Wall Street Journal reported, citing unnamed people familiar with the talks. A TikTok spokesperson told CNBC: “We can’t be expected to comment on pure fiction.” Related TikTok Shop booming while facing a ban The Supreme Court appears poised to uphold a federal law that requires TikTok's parent company to sell it to a non-Chinese company by Sunday or effectively be banned in the U.S. Media outlets reported that his change of mind came around the same time he met with Jeff Yass, a major Republican donor with financial ties to TikTok's parent company ByteDance.

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