China considers selling TikTok to Elon Musk to avoid U.S. ban, raising speculation about national security.

From Investing.com: 2025-01-13 19:31:44

Chinese officials are considering selling TikTok’s U.S. operations to Elon Musk to avoid a potential ban by U.S. authorities. ByteDance is contesting the ban in the Supreme Court, but discussions indicate judges may uphold it. President-elect Trump’s inauguration has raised speculation about a TikTok ban due to national security concerns. The Supreme Court has set a deadline for ByteDance to sell TikTok. Lawmakers worry about data collection and national security risks. A TikTok ban could benefit other U.S. social media platforms like Instagram and YouTube. Selling to Musk could align TikTok with his treatment of Twitter.



Read more at Investing.com: China discusses TikTok sale to Elon Musk as potential option- Bloomberg By Investing.com