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  • btc = $97 154.00 2 208.18 (2.33 %)

  • eth = $3 224.93 62.99 (1.99 %)

  • ton = $5.35 0.09 (1.80 %)

14 Jan, 2025
1 min time to read

Chinese officials are considering selling TikTok’s U.S. operations to Elon Musk, according to Bloomberg.

Despite Beijing’s stance that TikTok should remain under ByteDance’s ownership, discussions have explored different scenarios, including Musk’s X (formerly Twitter) taking control of TikTok U.S. while operating it alongside ByteDance. This move could help X attract advertisers, leveraging TikTok’s vast user base.

However, no final decision has been made, and Musk has not commented on the speculation. Previously, he publicly opposed banning TikTok in the U.S., arguing that restricting the platform—even if it benefits X—would contradict free speech principles.