TikTok Debunks Claims of Potential Sale To Elon Musk
Reports claiming Chinese officials are considering allowing Elon Musk to purchase TikTok to prevent its ban in the United States have been dismissed as "pure fiction" by the platform. Bloomberg News and The Wall Street Journal reported Tuesday that Chinese officials have discussed permitting the sale to Musk, the CEO of Tesla and SpaceX, as an alternative to the impending US ban. The ban is set to take effect Sunday unless ByteDance, TikTok's China-based owner, divests its US operations. According to Bloomberg, while Beijing would "strongly prefer" ByteDance to maintain control of TikTok, senior Chinese officials have begun exploring "contingency plans." The Wall Street Journal noted that these plans have not been communicated to ByteDance, citing unnamed sources familiar with the discussions. One scenario under consideration, Bloomberg reported, involves integrating TikTok into X, Musk's social media platform. The report, citing […]