ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.

Could Elon Musk save TikTok in the US? China weighs option to sell the controversial TikTok social media app's US operations ahead of looming ban

China is reportedly exploring the possibility of selling TikTok's US operations to Elon Musk, according to Bloomberg. The move is said to be under consideration by China if TikTok is unable to avoid a potential ban in the US and can't sell the app to a US-approved buyer by this Sunday,

The US Securities and Exchange Commission sued Elon Musk on Tuesday for failing to properly disclose his ownership of X, then known as Twitter, which allowed him to buy shares of the platform at “artificially low prices.

The U.S. Securities and Exchange Commission is suing Elon Musk for allegedly failing to properly disclose his purchase of Twitter shares before buying the company, currently known as X.

The location suggests that Mr. Musk, who owns companies with billions of dollars in contracts with the federal government, will continue to have remarkable access to President-elect Donald J. Trump.

Elon Musk is reportedly set to receive office space in the White House complex for his incoming work as co-head of the Department of Government Efficiency (DOGE), but he won’t be wall-to-wall with President-elect Donald Trump.