China considering TikTok US sale to Elon Musk if company fails to fend off potential ban: Report
2 months, 1 week ago

China considering TikTok US sale to Elon Musk if company fails to fend off potential ban: Report

Hindustan Times  

China is considering an option of selling TikTok’s operations in the United States to billionaire Elon Musk, Bloomberg reported. The Supreme Court gave ByteDance a January 19 deadline to either sell TikTok or face a potential ban in the country on national security grounds. A TikTok ban is good news for other US social media platforms such as Meta Platforms' Instagram and Alphabet’s YouTube. A sale of the social media platform to Elon Musk could bring it closer to his treatment of Twitter, which the Tesla and SpaceX CEO bought in 2023 and rebranded as “X.”

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