TikTok today dismissed as “pure fantasy” reports that Chinese authorities are considering Elon Musk’s takeover of its US operations if the popular platform is banned in the United States later this week. “Senior Chinese officials had already begun discussing contingency plans for TikTok as part of a broader debate about how to deal with Donald Trump’s administration, one of which involves Musk,” sources told Bloomberg yesterday, Monday. which are not named. “They can’t expect us to comment on a pure fantasy,” a TikTok spokesperson told AFP today. “According to a scenario being considered by the Chinese government, X (…) would take control of American TikTok and manage the two businesses together,” Bloomberg had clarified, estimating the value of TikTok’s business in the United States between 40 and $50 billion. However, the article pointed out that the discussions […]
Source: News Beast
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