ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
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.
Chinese government officials are reportedly mulling selling TikTok's US operations to Elon Musk to avoid a complete ban in the country.
Could Elon Musk save TikTok in the US? China weighs option to sell the controversial TikTok social media app's US operations ahead of looming ban
Elon Musk swooping in to buy TikTok before a US ban is set to bite? It seems like a stretch, but it could also make some sense, Peter Kafka writes.
Chinese officials reportedly want ByteDance Ltd. to remain the owners of TikTok but is in discussion on how to work with the Trump Administration.
Chinese officials have reportedly discussed selling TikTok's US operations to Elon Musk as the threat of a US ban looms.
Chinese government officials have reportedly discussed a scenario where ByteDance sells TikTok's United States arm to Elon Musk, should the Supreme Court
As the Jan. 19 date for a TikTok ban approaches, another name is emerging as a potential buyer: SpaceX and Tesla CEO Elon Musk, who already owns X.
Americans are going to lose access to TikTok in less than a week, unless China green-lights a sale to what Congress has deemed a non-adversary of the United States — something China is unlikely to do but might.
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.