Elon Musk has reportedly emerged as a potential buyer for TikTok’s US operations, according to a report from Bloomberg. This development comes as the popular social media app faces an imminent ban from the US government over national security concerns.
The report said Chinese officials are exploring options that might involve Elon Musk. One scenario suggests a potential merger of TikTok US with X. This would not only provide X with a significant boost in user numbers and advertising revenue but also offer a valuable trove of data for Musk’s AI platform.
While TikTok is contesting the ban, the possibility of a US takeover remains a viable option. And if that happens, Musk’s X, formerly known as Twitter, could be a prime contender.
Interestingly, Musk has previously expressed his opposition to a TikTok ban, citing free speech concerns. He stated on X, “In my opinion, TikTok should not be banned in the USA, even though such a ban may benefit the X platform. Doing so would be contrary to freedom of speech and expression.”
The Chinese government prefers that TikTok remain under the control of its parent company, ByteDance. The coming weeks will be crucial as TikTok navigates this situation and determines its future in the US market.
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