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.
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.
I met with the owners of Tiktok, the big owners, it’s worthless if it doesn’t get a permit,” Trump said. “It’s worth like a trillion dollars.”
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.
President Trump indicated that he would be open to Tesla CEO Elon Musk or Oracle CEO Larry Ellison buying TikTok.
Elon Musk is finally sharing his thoughts on the TikTok ban. On Saturday night, the app briefly went offline in the United States, months after the
Chinese leader Xi Jinping sent Vice President Han Zheng to the inauguration, an official whose seniority signals Beijing is ready to engage. After arriving in the U.S., Han wasted no time in doing just that.
in meetings with Tesla CEO Elon Musk and other members of the U.S. business community in Washington ahead of Trump's inauguration, said he hoped U.S. companies would "take root" in China and help ...
Indians in America are in for trouble should president Donald Trump enforce his hardline stance on immigration. How real is the threat and what India can do about it
In order to avoid a potential ban in the United States, Chinese officials are considering a contingency plan that would involve selling TikTok's US operations to Elon Musk, said a Bloomberg report. The report further said that the first preference of the Chinese officials will be to keep the short-form video hosting platform under the control of parent company ByteDance,
YouTuber MrBeast, X owner Elon Musk and Oracle Chairman Larry Ellison are names that have floated around in the past week.