Chinese officials are considering the possibility of Elon Musk acquiring TikTok’s U.S. operations if the platform is unable to avoid a controversial ban on its services in the country.
Chinese officials prefer that TikTok remain under the control of parent Bytedance, but if that’s not going to work Musk might.
Bloomberg News had the report, citing unnamed people familiar with the matter.
This article was written by Eamonn Sheridan at www.forexlive.com.
Leave a comment