ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
After years of rejecting the idea of a sale of TikTok’s US assets to an American buyer in order to avert a ban, China and ByteDance may have found an owner they could live with: Elon Musk.
Content creator Jimmy Donaldson, known on the Internet as MrBeast, has made it clear he is interested in buying TikTok. Donaldson has the most subscribers of any user on YouTube— over 340 million—and boasts over 113 million TikTok followers.
Elon Musk is being eyed by Chinese authorities as a potential buyer of TikTok. Newsweek's live blog is closed.
Chinese Vice President Han Zheng is the highest-level Chinese state official to attend President-elect Donald Trump’s inauguration on Monday.
Elon Musk has objected to a lack of reciprocity in the US-China tech relationship, a rare criticism from the billionaire on issues sensitive to Beijing after US president-elect Donald Trump prepared to offer a reprieve to TikTok on a ban in the US.
Musk acquired X (then Twitter) in October 2022 after a highly publicized back and forth, in which he gave up on the acquisition midway but ultimately closed the deal, paying $44 billion for the platform. X's user base has been on a decline since the acquisition, and advertising revenues have plummeted.
If it were possible to short a public figure with maximum leverage, Elon Musk would surely be the top target. The political and enterprise value of “Musk Inc” is built on treacherous ideological sands.
President Donald Trump was asked to address Elon Musk's criticism of OpenAI CEO Sam Altman at an Oval Office press opportunity with reporters on Thursday. REPORTER: Does it bother you that Elon Musk criticized a deal that you made publicly that he said that he tweeted that?
Han Zheng, Chinese President Xi Jinping’s envoy at Trump’s Inauguration, discussed fentanyl, trade, and technology with Vance and Musk.
Trump advisor Elon Musk has longstanding business ties in China.