ByteDance denies that it is planning to sell TikTok to Elon Musk to avoid the veto in the US

ByteDance, the owner of TikTok, has denied that it is considering the possibility of selling the platform it develops to Elon Musk, as Bloomberg recently stated; a sale that would avoid the prohibition of this service in the United States.

In April of last year, the US Congress passed a law banning “applications controlled by foreign adversaries” available in dedicated stores, such as the Apple Store and Google Play, so that they would no longer have access to their users’ data. . This means that it would ban TikTok in its territory, because it belongs to a Chinese company.

At the end of December, the president-elect of Etsados ​​Unidos asked the Supreme Court to suspend this law, arguing that the legal dispute could be resolved through negotiations, according to Bloomberg.

Trump shared his opinion ahead of the Supreme Court debate, scheduled for January 10, where it would be decided whether the regulations would finally be paralyzed, whose entry into force is scheduled for January 19, that is, one day before taking office. possession.

At that meeting, this body was inclined to support the aforementioned law, which is why China would have considered the sale of TikTok to Elon Musk, in order to separate it from ByteDance and keep it active.

People related to the company have shared this information with Bloomberg, which has published that the current owner of X would take control of TikTok in the United States and manage both platforms jointly.

These sources, however, did not confirm to said medium whether TikTok and Elon Musk had been in contact to establish the terms of a possible commercial agreement proposed by the Chinese Government.

Now, the platform has denied this information through media such as Variety, which have published statements shared by ByteDance following Bloomberg’s publication. “We cannot be expected to comment on something that is pure fiction,” said a spokesperson.