TikTok Denies Elon Musk Sale Rumors
TikTok Denies Elon Musk Sale Rumors

TikTok Denies Elon Musk Sale Rumors

News summary

TikTok has firmly denied recent rumors suggesting that Chinese officials might sell its U.S. operations to Elon Musk, labeling the claims as 'pure fiction.' This statement followed a Bloomberg report that proposed a potential acquisition as a means to circumvent a possible U.S. ban due to national security concerns. The Biden administration has pushed for ByteDance, TikTok's parent company, to divest its U.S. operations or face a ban, citing fears over data privacy and espionage. Although the legality of the U.S. government's actions is under scrutiny, TikTok's future remains uncertain as the Supreme Court is set to rule on the matter by January 19. Experts have speculated on the implications of Musk owning TikTok, discussing both potential benefits and drawbacks. However, until any official talks or agreements are made, these ideas remain speculative.

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