Chinese officials are reportedly discussing the possibility of Elon Musk buying out the American operations of TikTok, as the social network faces an impending ban in the U.S., according to Bloomberg
The Chinese government prefers that the app remain in the hands of parent company ByteDance, but has reportedly discussed the potential of a Musk acquisition as part of its broader contingency planning for working with the incoming Trump administration.
A potential sale to Musk would put the billionaire in an unprecedented position, owning X, one of the world’s largest social media networks, and the U.S. operations of another, all while serving as a top adviser to Donald Trump.
Such a deal could raise concerns about monopoly ownership of social media platforms. Musk’s possible partnership with China would likely also fail to allay security concerns about TikTok if Chinese officials would continue to have access to U.S. user data through Musk.
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