Elon Musk to acquire TikTok as US ban looms? Here’s what Chinese officials said about the report

TikTok has refuted claims that China is considering facilitating the sale of the app’s US operations to Elon Musk in order to keep TikTok running in America, amidst concerns of a potential US government ban. The denial comes after Bloomberg reported on Monday that “Chinese officials are exploring the option of Elon Musk acquiring TikTok’s US business” if an American law requiring parent company ByteDance to sell its stake in the app or face a ban takes effect. The report cited anonymous sources.