Chinese authorities officers have reportedly mentioned a state of affairs the place ByteDance sells TikTok’s United States arm to Elon Musk, ought to the Supreme Court uphold the legislation banning the app on January nineteenth.
Bloomberg stories that China would strongly favor for TikTok to remain underneath ByteDance’s possession, however says authorities officers have thought-about a sale to Musk as a part of a broader plan to work with incoming president Donald Trump’s administration. In that state of affairs, Musk’s X would purchase TikTok US, successfully absorbing the vertical video platform’s 170 million American customers and billions in potential advert income.
A TikTok spokesperson known as the report “pure fiction” in an announcement to Variety.
The report states it’s unclear how a lot ByteDance and TikTok find out about China’s discussions of a Musk sale, doubtlessly highlighting China’s alleged affect over the platform which led to this legislation within the first place.
