TikTok Denies Rumors of U.S. Sale to Elon Musk
- TikTok has dismissed reports suggesting China is considering selling its U.S. operations to Elon Musk, labeling them as “pure fiction.”
- The rumors emerged from a report indicating Chinese officials might explore this sale to avoid a potential U.S. ban starting January 19.
- U.S. legislation requires ByteDance, TikTok’s parent company, to divest its stake or face a nationwide ban due to national security concerns.
- The Supreme Court heard TikTok’s appeal against the legislation on January 10 but seemed more aligned with the government’s stance.
- If the ban is enforced, major tech companies must block TikTok in the U.S. unless compliance is achieved.
TikTok continues its legal battle against a potential U.S. ban while denying any plans for a sale to Elon Musk as proposed by recent reports.
