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These Billionaires, Companies And Investors—Elon Musk, Frank McCourt And More—Could Buy TikTok As Ban Looms
Chinese officials are considering selling TikTok's U.S. operations to Elon Musk as a potential solution to avoid a ban, according to reports from Bloomberg and The Wall Street Journal.
TikTok's parent company, ByteDance, has stated the app is not for sale, despite discussions involving Musk and the Chinese government.
Musk has publicly supported keeping TikTok in the U.S., stating it should not be banned, which contrasts with earlier proposals from the Trump administration.
As the January 19 deadline approaches, TikTok creators are concerned about losing access to the platform and are exploring alternatives like Lemon8 and RedNote.
The Chinese social media platform has until Sunday to announce whether it will sell its US business or drastically change its operations. If it does not do so, it will be banned in the US.