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Chinese officials have reportedly discussed selling TikTok's US operations to Elon Musk as the threat of a US ban looms.
Sources "familiar with the matter" told Bloomberg that Chinese officials would "strongly prefer" that ByteDance remain in control of TikTok US, but if TikTok's bid to get the Supreme Court to block the ban fails, ByteDance wants to be prepared with "contingency plans."
One of those supposed contingency plans would apparently see Musk operating TikTok as part of X (formerly Twitter) operations. Under that scenario, Musk's X would control TikTok US, sources said, and thus gain access to a massive trove of TikTok data that the US has alleged poses a grave national security risk if left under a Chinese-owned company's control.
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Sources "familiar with the matter" told Bloomberg that Chinese officials would "strongly prefer" that ByteDance remain in control of TikTok US, but if TikTok's bid to get the Supreme Court to block the ban fails, ByteDance wants to be prepared with "contingency plans."
One of those supposed contingency plans would apparently see Musk operating TikTok as part of X (formerly Twitter) operations. Under that scenario, Musk's X would control TikTok US, sources said, and thus gain access to a massive trove of TikTok data that the US has alleged poses a grave national security risk if left under a Chinese-owned company's control.
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