Could Elon Musk Be the Next Owner of TikTok US?
Could Elon Musk Be the Next Owner of TikTok US?
China is reportedly open to the idea of Elon Musk acquiring TikTok's US arm if the Supreme Court upholds the law banning the app on January 19th. While Chinese officials prefer for TikTok to stay under ByteDance's ownership, they have considered a sale to Musk as part of a broader plan to work with the incoming Trump administration. Meanwhile, TikTok has denied the report, calling it 'pure fiction'. Other potential buyers include Steven Mnuchin and Frank McCourt. The US Supreme Court is set to deliver a final ruling on the ban, which is due to take effect on Sunday.