Official announcements or press releases from TikTok

China May Sell TikTok US to Elon Musk's X if Ban Proceeds, Bloomberg Reports

Jan 14, 2025, 12:25 AM

Chinese officials are evaluating a potential option that involves Elon Musk acquiring TikTok's US operations if the company fails to fend off a controversial ban on the app, Bloomberg reports. Under this scenario, Musk's X—formerly Twitter—would take control of TikTok US and run the businesses together. The discussions are a contingency plan should TikTok be unable to prevent a ban on the popular short-video app in the United States.