TikTok again faces the risk of a US ban if its parent company ByteDance does not sell the platform’s US operations by January 19. According to the latest information, Elon Musk appeared among potential buyers. Bloomberg reports that Chinese government officials are considering selling TikTok’s US operations to Musk’s Company X, reports PhoneArena.
Only if ByteDance can’t stave off the ban
Although Beijing prefers to keep the app under control ByteDance, alternative plans are being prepared. Discussions suggest that if the sale were to go through, Musk’s X could take over management of TikTok and merge it with its existing platform. TikTok, with more than 170 million users in the US, could significantly increase X’s overall appeal to advertisers.
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At the same time, Musk’s company xAI could benefit from the extensive data that TikTok generates and collects. It is unclear whether ByteDance is aware of the Chinese government’s discussions, or whether there is a consensus on the next course of action. Likewise not confirmed whether Musk is actively negotiating with ByteDance about a possible deal, and so far it’s just speculation.
In April, Musk expressed the opinion on the X platform that TikTok should continue to operate without problems in the US, although he also admitted that the ban could benefit X. However, he did not respond to current news. His fate in the USA is still unclear. The sale of US operations to Musk could mean a pretty big change in the social media field.
Especially if X and TikTok would work under one roof. We will see how the situation culminates, since Musk a Donald Trump they are good friends and Trump is the one who wanted to ban the platform on their territory.
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Source: www.mojandroid.sk
