Elon Musk’s social media platform X may take control of TikTok US and run the businesses together under one potential scenario reportedly being considered.
Chinese officials are reportedly considering billionaire entrepreneur Elon Musk as a potential buyer for social media platform TikTok’s US operations if the platform is banned in America.
The move could be part of a contingency plan for working with the incoming Trump administration. However, TikTok parent company ByteDance is still trying to fight the ban through legal channels, Bloomberg reported, citing “people familiar with the matter” on Jan. 14.
Musk’s microblogging platform X would take control of TikTok US and run the businesses together under one scenario that has been reportedly discussed by the Chinese government, according to the unnamed sources.
