Is TikTok's US operations being sold to Elon Musk? Chinese officials are exploring a potential sale of the app's US operation to the tech billionaire, Elon Musk, reports suggest.??
However, TikTok has strongly denied the claims, calling them 'pure fiction.' Such reports have ignited social media, and netizens are abuzz with reactions.?
According to a report published by Bloomberg, it was?noted that Chinese officials had explored a scenario where Tesla owner Elon Musk's X (formerly called Twitter) platform could buy TikTok's US operations.?
In this scenario, Musk's social media platform, X, would take control of the app's US operations and combine both platforms to boost the advertising revenue. Currently. TikTok has over 170 million users in the United States.?
TikTok has denied all the claims, calling them unfounded. One of the spokespersons of TikTok told BBC News that they cannot be expected to comment on pure fiction. The discussions come as TikTok faces a crucial deadline, with a United States law requiring Chinese parent company ByteDance to sell its stake or else face an effective ban from January 19.?
As soon as these reports surfaced on the internet, several social media users flooded X with their viewpoints. Some expressed a sigh of relief, saying, 'Thank God.'.?
While another expressed happiness and said, 'Finally some good news.' Amid this, YouTuber MrBeast also joined the conversation and jokingly said, "Okay fine, I'll buy TikTok' so that it doesn't get banned.?
According to Bloomberg's report, Chinese officials see a potential deal with Elon Musk, as he has close relations with Donald Trump, and Musk's extensive business experience in China can be a great deal.?
Moreover, the Tesla owner had earlier expressed the opposite of banning TikTok. In April, he took to X and wrote that banning TikTok would be "contrary to freedom of speech and expression."
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