TikTok, Elon Musk and China
ELON Musk is said to be in talks with China over the possibility of buying TikTok to avoid an impending US ban on the platform. The app is facing a ban in the US from January 19 due
After years of rejecting the idea of a sale of TikTok’s US assets to an American buyer in order to avert a ban, China and ByteDance may have found an owner they could live with: Elon Musk.
Chinese officials are exploring a potential sale of US TikTok operations to billionaire Elon Musk as the video-sharing platform faces an American law requiring imminent Chinese divestment, Bloomberg News reported on Monday.
Beijing officials would rather have TikTok retain its ownership under parent company ByteDance Ltd. However, with the looming ban in the US market, they are contemplating selling the platform’s U.S. operations to Elon Musk.
letting Elon Musk take over the popular video platform. On paper, such an arrangement makes sense, given Beijing’s existing ties to and trust in the world’s richest man. But beyond whether ...
With TikTok in the U.S. facing being shut down on Jan. 19, Chinese officials are reportedly evaluating an 11th-hour option that involves Elon Musk, through X Inc., acquiring ... said today that though Beijing officials strongly prefer that TikTok remains ...
Chinese officials have discussed selling the US operations of TikTok to Elon Musk as the video-sharing app faces being banned in America as soon as Sunday.
Chinese officials are evaluating a potential option that involves Elon Musk acquiring the U.S. operations if TikTok fails to fend off a controversial ban.
As Elon Musk grew Tesla’s business in China, he publicly cozied up to its leaders on his favorite social media platform.
Tesla ( TSLA) stock jumped 3% Friday amid speculation that CEO Elon Musk could potentially buy TikTok. The social media platform needs to find an American buyer, or it will effectively face a countrywide ban starting next week — and Musk is reportedly the most likely candidate.
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