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BlockNews
Home BUSINESS

China Considers Selling TikTok U.S. to Musk to Avert Ban

by Drop Gorn
January 14, 2025
in BUSINESS, TECHNOLOGY
Reading Time: 3 mins read
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  • Chinese officials are considering selling TikTok’s U.S. operations to Elon Musk’s X if a U.S. ban cannot be avoided.
  • ByteDance prefers to retain control of TikTok and has appealed to the U.S. Supreme Court to contest the ban.
  • The Supreme Court may enforce a sale or ban by January 19 due to national security concerns over TikTok’s Chinese ownership.

Chinese officials are reportedly exploring a scenario where TikTok’s U.S. operations might be sold to billionaire Elon Musk if the company can’t avoid a looming ban, according to Bloomberg News. This potential move, while still in early discussions, comes amid mounting national security concerns over the popular short-video app.

China’s Preference: Keep TikTok Under ByteDance

Despite the talks, Chinese authorities reportedly favor keeping TikTok under its parent company, ByteDance. The company itself is actively fighting the potential ban and has appealed to the U.S. Supreme Court, seeking to overturn the decision.

Interestingly, one option floated in the report suggests that Musk’s social media platform X (formerly Twitter) could partner with TikTok’s U.S. operations. Together, they would run the business. However, no firm decisions have been made, and discussions remain in the preliminary stages.

JUST IN: 🇨🇳 TikTok officials are considering selling TikTok US to Elon Musk, reports Bloomberg 👀 pic.twitter.com/uMJBTzXGwJ

— BlockNews (@blocknewsdotcom) January 14, 2025

Muted Responses from Key Players

TikTok has declined to comment on these reports, and Musk has not responded either. Likewise, representatives from X were unavailable for immediate comment. On the Chinese side, the Cyberspace Administration of China and the Ministry of Commerce, agencies that could play a key role in TikTok’s fate, have also remained silent.

The Supreme Court’s Role in TikTok’s Future

Last week, the U.S. Supreme Court showed signs of leaning toward upholding legislation that could either force TikTok’s sale or ban the app entirely within the United States. The Court’s decision is largely driven by concerns over national security risks tied to Chinese ownership. If enforced, TikTok would need to comply by January 19, leaving ByteDance limited options to retain control of its U.S. operations.

For now, TikTok’s future hangs in the balance, as global political and economic forces continue to shape its trajectory. Whether Musk becomes a surprising player in this saga or ByteDance retains control, the coming weeks will likely prove critical.

Tags: BloombergByteDanceElon MuskTikTokX
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