Tech

TikTok dismisses report of U.S. sale to Musk as fiction

TikTok has categorically denied a report suggesting that Chinese officials are considering selling its U.S. operations to Elon Musk amid potential bans.

The company described the claims, initially reported by Bloomberg News, as pure fiction.

TikTok’s parent company, ByteDance, is currently appealing to the U.S. Supreme Court to contest the potential ban.

Chinese officials reportedly prefer TikTok to remain under ByteDance’s ownership, dismissing any immediate plans to sell the U.S. operations.

Speculation about a partnership with Musk’s platform X to manage TikTok’s U.S. business has been refuted by TikTok, and no credible sources have verified the claim.

No official comments have been made by TikTok, ByteDance, Elon Musk, or X regarding the report. Additionally, Chinese government agencies, such as the Cyberspace Administration and Ministry of Commerce, have not provided any statements on the matter.

The Supreme Court is expected to deliberate on legislation tied to TikTok’s future, with a decision potentially compelling a sale or ban by January 19, driven by national security concerns. However, TikTok remains firm in its stance, refuting these reports as baseless.

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