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China could seek sale of TikTok to Elon Musk
Can Elon Musk really save TikTok?
Chinese officials are reportedly exploring a backup plan for TikTok after the Supreme Court appeared unlikely to save it from a US ban. With TikTok’s legal options nearly exhausted, multiple news outlets are reporting that China is considering an option it previously said it wouldn’t: letting ByteDance sell the app.
Why China may be OK with TikTok selling to Elon Musk
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.
China is considering selling TikTok to Elon Musk, report claims
Musk acquired X (then Twitter) in October 2022 after a highly publicized back and forth, in which he gave up on the acquisition midway but ultimately closed the deal, paying $44 billion for the platform. X's user base has been on a decline since the acquisition, and advertising revenues have plummeted.
6h
TikTok's U.S. operations could be worth as much as $50 billion if ByteDance decides to sell
Business moguls should be prepared to spend tens of billions of dollars for TikTok’s U.S. operations should parent company ...
6h
on MSN
These Billionaires, Companies And Investors—Elon Musk, Frank McCourt And More—Could Buy TikTok As Ban Looms
ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
1d
on MSN
Lawmakers call for extension to TikTok ban timeline
Mass., is leading a bipartisan effort to give ByteDance more than to sell the U.S. portion of TikTok before Sunday's deadline ...
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