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TikTok Sale Claims Are 'Pure Fiction'
The Citizen
|January 15, 2025
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 on Monday.
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The report, citing sources, 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 X platform.
The report estimated the value of TikTok's US operations at between $40 and $50 billion (about R758 and R947 billion).
Diese Geschichte stammt aus der January 15, 2025-Ausgabe von The Citizen.
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