Bloomberg: China In Talks To Sell TikTok To Elon Musk

The Guardian reports:

Chinese officials have reportedly held preliminary talks about a potential option to sell TikTok’s operations in the US to the billionaire Elon Musk, should the short-video app be unable to avoid an impending ban. Beijing officials prefer that TikTok remains under the control of Chinese parent Bytedance, but have discussed other options including a sale to Musk, Bloomberg reported.

“We can’t be expected to comment on pure fiction,” a TikTok spokesperson said, responding to the report. The company has repeatedly said it will not sell its US operation.

TikTok’s US operations could either be sold through a competitive process or an arrangement by the government, the Bloomberg report said, suggesting that the future of the app is no longer solely in ByteDance’s control.

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