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China Explores Sale of TikTok in U.S. to Musk
The Wall Street Journal|January 15, 2025
Chinese officials, facing a looming U.S. TikTok ban, have internally discussed options including the possibility of allowing a trusted non-Chinese party such as Elon Musk to invest in or take control of TikTok's U.S. operations, people familiar with the discussions said.
- By Stu Woo
China Explores Sale of TikTok in U.S. to Musk

China has protested a U.S. law that would ban TikTok in the U.S. unless its Beijing-based parent, ByteDance, divests itself of the operation.

The U.S. Supreme Court seemed inclined last week to let the law stand. It goes into effect on Sunday unless the court issues a stay.

It couldn't be determined whether the Chinese officials had presented the Musk idea to top leadership.

The law is one of many issues straining U.S.-China relations ahead of President-elect Donald Trump's inauguration on Monday.

Top leadership in Beijing views openness on TikTok as one possible card to play, with confrontations expected over tariffs and other issues, the people said.

Trump, a Republican, has said he wants to find a way to let TikTok remain in the U.S.

In discussions to date, officials concluded that it was best to let the ban take effect and keep TikTok under ByteDance's ownership so negotiations could continue after Trump takes office, the people said.

In preparing the tool kit for possible options after Trump's inauguration, Chinese officials have examined possible openness to a deal with Musk, one of Trump's closest allies, the people said.

Esta historia es de la edición January 15, 2025 de The Wall Street Journal.

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Esta historia es de la edición January 15, 2025 de The Wall Street Journal.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

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