NEW YORK — Chinese officials are exploring a potential sale of US TikTok operations to billionaire Elon Musk as the video-sharing platform faces an American law requiring imminent Chinese divestment, Bloomberg News reported Monday.
The report, citing anonymous people familiar with the matter, outlined one scenario being discussed in Beijing where Musk’s social media company X would purchase TikTok from Chinese owner ByteDance and combine it into the platform formerly known as Twitter.
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