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China is considering selling TikTok to Elon Musk, report claims
Here we go again.
According to Bloomberg, Beijing officials "strongly prefer" to keep TikTok under ByteDance ownership, but if that proves impossible, one option is to sell it to Musk, who could consolidate it under his X brand. 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. It's unclear whether a potential acquisition of TikTok by Musk would go in a similar fashion, or if the site would even be up for sale publicly — perhaps it's most likely for China and ByteDance to arrange everything behind closed doors.
Or read this on Mashable
