TikTok denies rumours of sale to Elon Musk

Chinese social media platform TikTok has refuted a report by Bloomberg alleging negotiations with Elon Musk over the sale of the platform's US division.

Company's official position

TikTok representatives described such claims as "чистым вымыслом" (pure fiction) and emphasised that they do not intend to comment on unfounded rumours. The company stated that it is focused on its current operations and does not confirm the existence of any deals or negotiations on this matter.

Pressure from the US

These rumours emerged against the backdrop of a tense situation surrounding TikTok in the US. American authorities are demanding that the platform sell its division to a domestic company within five days, citing concerns over national security.

However, according to experts, TikTok may challenge this requirement through the court system, which would slow down the process and give the company additional time to manoeuvre.

Accusations and oversight

US officials have repeatedly expressed concerns that TikTok user data could be used by the Chinese government for surveillance or other hostile actions. 

These statements have become the primary reason for tightening oversight of the platform and demanding that its assets be placed under the control of American entities.