As the Jan. 19 date for a TikTok ban approaches, another name is emerging as a potential buyer: SpaceX and Tesla CEO Elon Musk, who already owns X.
US President Trump has suggested that Elon Musk should buy TikTok with a government partnership. Here are all the details on this.
Donald Trump just issued an executive order that gives popular social media giant TikTok just 75 days to consider selling ownership rights to a potential US buyer. While Trump did express his desire for both Tesla CEO Elon Musk and Oracle Chairman Larry Ellison as top picks for buyers,
Buying TikTok would further solidify Musk's position as one of the most powerful men in the U.S. and the world.
President-elect Donald Trump, who once called to ban TikTok, has since pledged to keep it available in the U.S.
Chinese officials reportedly want ByteDance Ltd. to remain the owners of TikTok but is in discussion on how to work with the Trump Administration.
Reports about Chinese officials eyeing Musk as the buyer of TikTok’s U.S. operations are “not a total shock” given Musk’s relationship with Trump, says Wedbush analyst Dan Ives.
ANALYSIS: The chaotic unbanning of TikTok signals a new political fusion between corporate power and American authoritarianism — and Silicon Valley stands eager to serve, writes Io Dodds
TikTok was only offline for 12 hours in the US before incoming president Donald Trump signalled that he would delay the nationwide ban of the Chinese-owned app.
TikTok denied a report that China is exploring a sale of the app to Elon Musk to keep TikTok operational in America amid a looming U.S. ban.
A recent report claimed that Elon Musk might purchase TikTok to keep the available in the US. Bytedance refuted those claims.