China considers selling TikTok U.S. operations to Musk, Bloomberg reports
China considers selling TikTok U.S. operations to Musk, Bloomberg reports
The Chinese government is considering a plan for Elon Musk to acquire TikTok's U.S. business, Bloomberg News reported Monday.
Summary
China is reportedly considering a plan for Elon Musk to acquire TikTok's U.S. operations to avoid a potential ban, according to Bloomberg.
The move would satisfy a U.S. law requiring ByteDance to divest TikTok by Jan. 19 due to national security concerns.
If not resolved, U.S. service providers supporting TikTok could face penalties.
The plan, still preliminary, would have Musk oversee TikTok U.S. alongside X.
ByteDance’s awareness of the plan is unclear.
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Musk & Trump have been talking about defunding CISA, FTC and SEC - that is, removing information security oversight, consumer protection oversight and financial oversight.
Musk is financially linked to China through EV battery production. It's no stretch of the imagination to think the PRC has some influence over him, which they've been building for more than a decade. So, Musk buys TikTok and expands his reach over social media (public influence), the PRC continues to have access for surveillance and influence campaigns, and Trump also benefits from the surveillance and influence. Everybody gets a piece of the action, and the federal agencies which would investigate, expose and attempt to block these relationships are disabled.