China Eyes Musk as Potential Buyer for TikTok's US Operations

Chinese officials are considering selling TikTok's US operations to Elon Musk as ByteDance faces a January 19 Supreme Court deadline to either sell or face a potential ban. The discussions come after US Supreme Court justices signaled they would likely uphold the controversial ban on national security grounds. While Beijing prefers TikTok to remain under ByteDance's ownership, they're exploring contingency plans as Trump's administration approaches. TikTok, with approximately 170 million US users, has been under scrutiny from lawmakers concerned about data security. The potential sale to Musk could align the platform with his management of X (formerly Twitter)

.Source: Bloomberg News, January 14, 2025