Wow! Elon Musk could end up owning TikTok in the US (Updated: TikTok’s response)

Update: A report suggested China is considering selling TikTok's US operations to Musk, but the company has denied it.

Jan 14, 2025 - 13:34
Wow! Elon Musk could end up owning TikTok in the US (Updated: TikTok’s response)

Tiktok stock photo on smartphone

Credit: Edgar Cervantes / Android Authority
  • Chinese government officials are reportedly drawing up contingency plans for TikTok’s potential US ban.
  • One potential scenario under discussion includes selling TikTok’s US operations to Musk’s X (formerly Twitter).
  • If this happens, X could end up gaining TikTok’s 170 million+ user base in the US.

Update: January 14, 2025 (2:39 AM ET): TikTok has reportedly called the Bloomberg report mentioned below “pure fiction.”