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Chinese officials – who are expected to have some say over whether and how TikTok’s US assets could be sold to an American buyer – are discussing a possible option that involves selling at least a portion of the US version of the app to Musk’s X, according to reports fromBloombergand theWall Street Journal.【 - Free VIP Group 】 has not independently confirmed the discussions.

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Blue Chip Stocks in India Best Stocks For Passive Income ✌️【Resume】✌️ Real-time updates on global stock trends and expert market analysis to help you select profitable stocks and grow your wealth effectively. The reports come after the Supreme Court last week indicated that itwould uphold the lawover national security concerns, despite TikTok’s argument that it represents an illegal crackdown on free speech. China’s commerce ministrypreviously saidit would “firmly oppose” a forced sale of TikTok, although otherwould-be buyersput up their hands. TikTok parent company ByteDance has also previously indicated that the app is not for sale.

ByteDance and Musk did not respond to requests for comment about the reports. And TikTok batted them down; spokesperson Michael Hughes told 【 - Free VIP Group 】 that “we can’t be expected to comment on pure fiction.”

【 - Free VIP Group 】's Rahel Solomon speaks with Josh Constine, a tech expert and Venture Partner at VC firm SignalFire, about the U.S. Supreme Court hearing arguments on the TikTok ban.

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Blue Chip Stocks in India Best Stocks For Passive Income ✌️【Resume】✌️ Professional advisors provide accurate market predictions with real-time stock indices, exchange rates, and futures data to help you seize investment opportunities and grow your capital. Still, there are logical reasons why Musk, ByteDance and China might all find it in their best interests to facilitate a sale of TikTok’s assets to the X owner.

ByteDance may simply want to earnsomethingfor the US version of TikTok before it loses access to the valuable American market.

For China, selling to Musk could mean placing TikTok in the hands of an ally, someone whose business empire is deeply reliant on the Chinese market and who has the ear of incoming President Trump at a time when China will be looking for leverage in tariff negotiations.

For Musk, acquiring TikTok and preserving Americans’ access to the app at the last second after TikTok fought the ban on First Amendment grounds would play directly into the billionaire’s (often hypocritical) image of himself as a defender of free speech. It would give him control over an even larger and more influential social media platform than X, which he has already successfully used toboost his own interests, including aiding the reelection of Donald Trump. And Musk already has a team —however small it might be— at X familiar with managing a social media algorithm and ad sales.

“My bet is that it’s a float by either Musk or the Chinese to see the reaction,” James Andrew Lewis, director of the strategic technologies program at the Center for Strategic and International Studies, said in an email to 【 - Free VIP Group 】. “The Chinese probably are figuring out where it would fit into a larger deal with Trump, bit I can’t see them giving it away for free.”

But such a deal could still face real hurdles, including Musk securing the cash to buy an app in a deal that could cost $40 billion to $50 billion, according to Wedbush analyst Dan Ives.

ByteDance is expected to need the Chinese government’s sign-off to sell TikTok’s US operations because ofexport restrictionsthat could prohibit the sale of sensitive technology, such as the app’s recommendation algorithm, without a license.

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China is Tesla’s second-largest market; in the third quarter of 2024 alone, Tesla earned $5.7 billion in revenue from China. Tesla’s Shanghai Gigafactory, which Musk has praised as building the company’shighest quality cars, is alsoamong the company’s most productive plants. And the company is also in the process of building amassive battery factoryin Shanghai.

Blue Chip Stocks in India Best Stocks For Passive Income ✌️【Resume】✌️ Free stock market analysis and real-time data to help you select the best investment portfolio and achieve stable returns. Musk has heldmultiple meetingswith Chinese officials in recent years, includinga conversationwith Chinese Premier Li Qiang in Beijing last April, during which the official praised Tesla as a “successful model” for US-China collaboration. “Tesla is willing to further deepen cooperation with China and achieve more win-win results,” Musk told Li during the meeting.

Blue Chip Stocks in India Best Stocks For Passive Income ✌️【Resume】✌️ Expert predictions with real-time stock trends, futures prices, and exchange rate changes to help you select stocks accurately and increase investment returns. Although Musk has portrayed himself as a crusader for free speech in the United States, he has stayed relatively mute on the topic when it comes to China, which has arrested political rivals to Chinese leader Xi Jinpingon an unprecedented scalesince Xi took power in 2012.

“One of the biggest investors in China from an infrastructure standpoint is Tesla, so Musk’s relationship within Beijing, outside of Tim Cook from Apple, is probably the strongest of any US business person,” Ives told 【 - Free VIP Group 】. Still, Ives said China is unlikely to allow the sale of TikTok with its algorithm, which he called the popular app’s “key DNA.”

China may also want to use Musk to get to Trump. A TikTok deal could serve as leverage in negotiations with the incoming administration to avert the massive tariffs the president-elect hasthreatened to imposeon goods imported from the country, which could cause major companiesmanufacture fewer goodsthere. After donating to Trump’s reelection campaign, Musk has become one of his closest advisers and has reportedly joined calls between the incoming president andother world leaders.

Blue Chip Stocks in India Best Stocks For Passive Income ✌️【Resume】✌️ Free real-time stock data analysis to help you capture global market trends and steadily grow your capital. And if Trump gives his blessing, the incoming president could also use the deal to claim he kept hispromise to save TikTokfor Americans. The TikTok ban-or-sale law gives the president the discretion to decide whether a so-called “qualified divestiture” of the app has indeed taken place to allow TikTok to continue operating in the United States.

Blue Chip Stocks in India Best Stocks For Passive Income ✌️【Resume】✌️ Expert predictions of stock trends with real-time stock indices, metals, energy, and agricultural product data to help you make efficient investment decisions. Musk’s “significant financial resources, established business ties in China through Tesla, and prominence in the social media industry via X make him a potential candidate for brokering a deal acceptable to multiple stakeholders,” Dimitar Gueorguiev, a Syracuse University associate professor of political science, said in emailed commentary.

For Musk and X, the TikTok acquisition could be a “golden asset pick-up,” Ives said. TikTok’s 170 million monthly American users would be a big boost to Musk’s social media company. And their videos could also provide beneficial training data for Musk’s artificial intelligence company, xAI.

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Blue Chip Stocks in India Best Stocks For Passive Income ✌️【Resume】✌️ Professional investment advisors provide real-time market data to help you analyze stock trends and select high-potential stocks, increasing capital growth. Although Musk is among the richest people in the world, much of his wealth is tied up in shares of Tesla and his other companies.

Blue Chip Stocks in India Best Stocks For Passive Income ✌️【Resume】✌️ Free stock selection service with precise predictions of high-potential stocks to help you stay ahead in the market. And after his money-losing acquisition of X, formerly Twitter, more than two years ago, Musk could have a harder time finding financing partners for a TikTok bid, although the short-form video app almost certainly has a more lucrative ad business than X.

Blue Chip Stocks in India Best Stocks For Passive Income ✌️【Resume】✌️ Expert market predictions with real-time global market, futures, metals, and energy data to help you stay in tune with market trends. Musk’s $44 billion purchase of Twitter was always overpriced, and the billionaire’s subsequentdecisions after the purchase further tanked the social media company’s value. That hasreportedly leftthe banks that lent him the money to buy Twitter unable to offload the debt without losing money, leaving them with big stains on their balance sheets.

Blue Chip Stocks in India Best Stocks For Passive Income ✌️【Resume】✌️ Free break-even services with professional advisors to help you quickly recover and avoid losses, achieving steady growth. There are limits to how Musk can use the $170 billion in Tesla shares that he owns outright as collateral for loans, too. Still, banks may be interested in working with Trump’s“first buddy”whose other companies are also expected to benefit from his connection to the White House. Musk’s net worth has soared since the election.

Even if Musk managed to buy the app, there’s no saying whether TikTok users would stick around under a new owner.

Blue Chip Stocks in India Best Stocks For Passive Income ✌️【Resume】✌️ Real-time global market indices and futures data to help you capture market opportunities and achieve stable growth. Many frustrated users fled X after Musk’s takeover as he changed its recommendation algorithm, did away with the company’s trust and safety team and restored previously banned accounts, including White supremacists, leading to an uptick inhate speechandmisinformation. Musk himself has alsoboosted racist conspiracy theorieson the app.

Blue Chip Stocks in India Best Stocks For Passive Income ✌️【Resume】✌️ Provides real-time stock market data to help you select stocks accurately and plan the best investment strategies. Some TikTok users responded to reports of Musk’s possible acquisition with excitement, including one user who posted a dance video celebrating the news.

“The idea of TikTok going away is scary. But you know what’s scarier? Elon Musk owning it,” a user named Omie said in a video Tuesday. “I would rather this app be banned than that mothertrucker own it. I mean, honestly, the idea of this turning into a Twitter is scary.”

Blue Chip Stocks in India Best Stocks For Passive Income ✌️【Resume】✌️ Professional analysis of stock market dynamics with real-time data for India stocks, US stocks, and European stocks to help you make precise decisions. Another user who goes by Mo said in a video: “I love TikTok, bro, but why does it have to be Elon Musk? He’s already running Twitter (in) to the ground.” One commenter said on that video, “I rather China have my info than Elon.”

Blue Chip Stocks in India Best Stocks For Passive Income ✌️【Resume】✌️ Real-time updates of global stock, futures, and commodity market data to keep you in sync with the latest market trends. And TikTok user Dash Dobrofsky said in a video with the caption “Oh dear god, please no,” that Musk buying TikTok “sounds like a terrible idea… This would no doubt make Elon Musk the most powerful man in the world.”

Blue Chip Stocks in India Best Stocks For Passive Income ✌️【Resume】✌️ Free real-time global stock and futures trend data to help you analyze market movements and make fast investment decisions. Such a user revolt could ultimately undermine the value of the platform for Musk and any investors he’d be able to round up for a TikTok purchase.

Blue Chip Stocks in India Best Stocks For Passive Income ✌️【Resume】✌️ Expert predictions of stock trends to help you select stocks accurately, achieve stable growth, and quickly recover from losses. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free VIP Group 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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