Chinese officials are mulling a potential option that involves the sale of TikTok’s US operations to billionaire Elon Musk if the company fails to fend off a potential ban, Bloomberg News reported on Monday, citing people familiar with the matter.
Chinese officials prefer that TikTok remain under the control of parent Bytedance, the report said, adding that the company is contesting the ban with an appeal to the US Supreme Court.
Under one scenario, Musk’s social media platform X […]
China mulls potential sale of TikTok US to Elon Musk: report – New York Post
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