The deadline for TikTok’s potential U.S. ban or sale is approaching, with ByteDance required to sell TikTok’s U.S. stake by January 19 or face a ban. Bloomberg reports that Chinese officials are considering selling TikTok’s U.S. operations to Elon Musk’s X if the company cannot avoid the ban. While Beijing prefers ByteDance retains ownership, contingency plans are being explored.
Discussions include a scenario where X acquires TikTok’s U.S. operations, potentially boosting X’s advertising appeal and benefiting Musk’s AI venture, xAI, through TikTok’s vast user data. However, it’s unclear if ByteDance is aware of these plans or if Musk is involved in active negotiations. Neither Musk nor ByteDance have commented.
Source: Android Authority
