TikTok Denies China's Plan To Sell Its Platform To Elon Musk

CEO X Elon Musk (photo: X @elonmusk)

JAKARTA Ahead of the ban on the TikTok application in the US, investors began showing their intention to buy the platform. In fact, Elon Musk's name began to be dragged recently.

According to a Bloomberg report, officials in China are discussing potential options to sell TikTok assets and operations in the US to Musk. This plan is believed to be realized if TikTok and ByteDance, its parent company, fail to fight the US government.

Although the Chinese government still wants to maintain the distribution platform under ByteDance, the company will compete competitively. If it fails to fight divestment rules, ByteDance will sell TikTok through competitive processes.

When asked about TikTok's planned sale to Elon Musk, the big platform immediately denied it. A TikTok spokesperson declined to comment on the grounds, "We cannot expect to comment on pure fiction."

Seeing this statement, TikTok may want to state that discussions between Elon Musk and the Chinese government are not true. However, TikTok may not have any other choice because the Supreme Court appears to side with the divestment rules that President Joe Biden inaugurated a few months ago.

Not long ago, Frank McCort stated that he would buy TikTok. The investor has submitted a proposal to buy TikTok assets in the US to ByteDance, but the proposal has not yet received a reply.

Kevin O'Leary, a well-known investor through the Shark Tank show, also joined the plan. According to him, the purchase of TikTok assets in the US is a profitable step, both for the technology company and for the US community.

Kevin believes that TikTok is a technology China uses to spy on the US. If ByteDance agrees to sell TikTok, the platform can continue to operate in the US and people in the country will get maximum data protection.