Facing a potential ban in the US, the Chinese government is exploring several options for TikTok’s future, including possibly selling the platform to Elon Musk. Though they have been reluctant to sell, a requirement for ByteDance to divest might compel them to consider this option as a means to reconcile with the Trump administration. It could also play a significant role in ongoing negotiations over tariffs and exports.
Reports suggest that transferring TikTok’s US operations to Musk’s X could be valued at $40 to $50 billion. However, discussions regarding this possibility are still in their infancy, predominantly occurring within high-level Chinese government circles. It’s unknown whether Musk has been formally approached about this potential acquisition, even as he publicly voiced his support for TikTok remaining available in the US.
In response to the rumors, TikTok has firmly denied that any such negotiations are underway, labeling the report as 'pure fiction.' This underscores the complexities and uncertainties surrounding the platform's future amid increasing regulatory pressures and the potential for significant structural changes should a ban be enacted.
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