China exploring possible sale of US TikTok to Musk: report

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 Monday.

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(FILES) The TikTok logo is displayed outside TikTok social media app company offices in Culver City, California, on March 16, 2023. Beijing warned on March 13, 2024 that a proposed ban on Chinese-owned video-sharing app TikTok would "inevitably come back to bite the United States". (Photo by Patrick T. Fallon / AFP)

2025-01-14 11:03:08

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 Monday.

The report, citing anonymous people familiar with the matter, outlined one scenario being discussed in Beijing where Musk's social media company X would purchase TikTok from Chinese owner ByteDance and combine it into the platform formerly known as Twitter.

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