Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Chinese government officials have discussed a scenario where ByteDance sells TikTok’s US arm to Elon Musk, if The Supreme Court upheld the law banning the app on January 19.
Bloomberg reports China strongly prefers that TikTok remain under ByteDance’s ownership, but says government officials are considering a sale to Musk as part of a broader plan to work with President Donald Trump’s administration. In that scenario, Musk’s X would acquire TikTok US, effectively absorbing the vertical video platform’s 170 million US users and billions in potential ad revenue.
A TikTok spokesperson called the report “pure fiction” in a statement to Variety.
The report says it’s unclear how much ByteDance and TikTok know about China’s discussions of a Musk sale, potentially highlighting China’s alleged influence over the platform that led to this law in the first place.