TikTok Denies Reports of Sale to Elon Musk as U.S. Ban Looms on January 19
Jan 14, 2025, 12:19 PM
TikTok has firmly denied reports that China is considering a sale of the app's U.S. operations to Elon Musk, labeling such claims as 'pure fiction.' The social media platform faces a potential ban in the U.S. on January 19, unless its parent company, ByteDance, divests its U.S. operations. The U.S. government has expressed concerns over national security, citing fears that TikTok could be used for spying or spreading propaganda by the Chinese government. Despite these tensions, TikTok has maintained that it will not sell its U.S. operations and has dismissed any speculation about a deal with Musk, according to a Bloomberg report.
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US-based Tech Company • 25%
MrBeast • 25%
Private Equity Firm • 25%
Other • 25%
Owned by another U.S. entity • 25%
Remains with ByteDance • 25%
Operations ceased • 25%
Owned by Kevin O'Leary • 25%
Sold to Elon Musk • 25%
Supreme Court delays or overturns the ban • 25%
Other outcome • 25%
TikTok sold to an approved buyer • 25%
Supreme Court upholds ban and TikTok shuts down • 25%
Other • 25%
Banned in the US • 25%
Continues under ByteDance • 25%
Sold to Elon Musk's X • 25%
Not sold, ban overturned • 25%
Sold to another U.S. entity • 25%
Operations banned in the U.S. • 25%
Other resolution • 25%
Divestment completed • 25%
Ban enforced • 25%
No action taken • 25%
No sale occurs • 25%
Kevin O'Leary • 25%
Other foreign entity • 25%
Another US entity • 25%
Another US Company • 25%
Foreign Entity • 25%
No Sale • 25%
Continues under ByteDance • 25%
Other acquisition • 25%
Operations cease • 25%
Acquired by Project Liberty • 25%
Kevin O'Leary and Frank McCourt • 25%
ByteDance retains ownership • 25%
Another non-Chinese entity • 25%
Banned in the US • 25%
Private equity firm • 25%
Non-U.S. company • 25%
Other • 25%
Private Equity Firm • 25%
Elon Musk • 25%
U.S. tech company • 25%
U.S. Tech Company • 25%
European company • 25%
Middle Eastern company • 25%
Other • 25%
U.S. tech company • 25%
Not sold and banned • 25%
Other • 25%
Sold to another non-Chinese entity • 25%
Sold to Kevin O'Leary • 25%
Another tech company • 25%
Other • 25%
U.S. private equity firm • 25%
MrBeast-led group • 25%
No • 50%
Yes • 50%
Data privacy issues • 25%
National security concerns • 25%
Other reasons • 25%
Political pressure • 25%
Banned • 25%
Sold to another company • 25%
Continues operations without changes • 25%
Other outcome • 25%