Tech company rejects as ‘pure fiction’ a report that a deal could take place if it fails to avoid an impending ban
Chinese officials have reportedly held preliminary talks about a potential option to sell TikTok’s operations in the US to the billionaire Elon Musk, should the short-video app be unable to avoid an impending ban. Another option is that Musk acts as a broker in a deal to sell the app.
Beijing officials prefer that TikTok remains under the control of its Chinese parent, Bytedance, but have discussed other options including a sale to Musk, Bloomberg reported. The Financial Times reported on the same day that the officials had discussed the preliminary possibility of Musk functioning as a go-between for Bytedance and any potential buyer that would prevent the app from being shut down.
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