Potential TikTok buyers are lining up as President Trump and the Chinese government show heightened interest in striking a deal to sell the popular video-sharing platform in the face of a U.S.
Elon Musk has objected to a lack of reciprocity in the US-China tech relationship, a rare criticism from the billionaire on issues sensitive to Beijing after US president-elect Donald Trump prepared to offer a reprieve to TikTok on a ban in the US.
If it were possible to short a public figure with maximum leverage, Elon Musk would surely be the top target. The political and enterprise value of “Musk Inc” is built on treacherous ideological sands.
Elon Musk weighed in on one of the first business investment unveilings by President Donald Trump Wednesday, in a move that could suggest friction at the heart of the new administration's focus on America's leadership in the global technology race.
Elon Musk is being eyed by Chinese authorities as a potential buyer of TikTok. Newsweek's live blog is closed.
Elon Musk is finally sharing his thoughts on the TikTok ban. On Saturday night, the app briefly went offline in the United States, months after the
Musk acquired X (then Twitter) in October 2022 after a highly publicized back and forth, in which he gave up on the acquisition midway but ultimately closed the deal, paying $44 billion for the platform. X's user base has been on a decline since the acquisition, and advertising revenues have plummeted.
US President Donald Trump on Tuesday said he would be supportive of the world's richest man and his close aide, Elon Musk, buying TikTok "if he wanted to". Trump was asked if he would be open to the billionaire founder of Tesla buying the short-video platform facing a nationwide ban in the US after the Supreme Court last week upheld a law requiring TikTok to sever ties with its Chinese parent ByteDance.
After years of rejecting the idea of a sale of TikTok’s US assets to an American buyer in order to avert a ban, China and ByteDance may have found an owner they could live with: Elon Musk.
Elon Musk, the close Trump adviser who has his own AI company and was notably not at the press conference, erupted Wednesday with a relentless stream of online mockery. “They don’t actually have the money,
Several hundred subreddits are considering a ban on all X links after Elon Musk's hand gesture at President Donald Trump's Inauguration rally was likened to a Nazi salute, a day after a local TV meteorologist was fired for criticizing Musk's actions on her personal social media.