The richest user in the world, Elon Musk, would imagine a value similar to what he has paid on Twitter if a transaction materializes to buy American Tiktok operations, according to a well -known analyst who covers musk, in China, the Mulls authorize a sale In musk to save an American prohibition.
Tiktok’s Bytedance would seek a sum of $ 40 billion to $ 50 billion for the good fortune of the US , in the 444 billion dollars of musk diversity paid in 2022 for Twitter, now known as X and well above the offer of approximately $ 20 billion carried out through the allocation of the consortium directed through the United States last week.
Bloomberg and Wall Street Journal reports of Chinese officials’ discussions about Musk are “not a general shock” given Musk’s strict dating with President-elect Donald Trump, Ives added.
The acquisition of the U.S. operations of TikTok would be a “golden asset pickup” for Musk and his social media company X, added Ives, who covered Twitter when it was a public company and now covers Tesla and the American technology industry at large.
A TikTok spokesperson dismissed the idea of a sale to Musk as “pure fiction” in a statement to several outlets. Musk has yet to comment on the reports, which don’t mention whether Musk has expressed interest in such an acquisition.
Tiktok will be prohibited on Sunday unless the Bytedance exceeds its US operations to an American entity, even if the Supreme Court will soon rule on an appeal for the prohibition and Trump, which has criticized the concept of prohibiting Tiktok, possibly You can make bigger. The deadline until 90 days after its inauguration on Monday. Approximately third of Americans use Tiktok, according to a June survey through Pew Research, which exceeds 21% X. But considerations about the ownership of Tiktok in China, and if the Chinese government can also force strength it is to deliver User’s knowledge: legislators are aimed at a prohibition if the Bytedance does not sell the platform. Billonario Frank McCourt, the former owner of the Los Angeles Dodgers, leads the offer of the Liberty Project for Tiktok, while other US billionaires are very worried about high -risk drama, adding Jeff Yass, whose company of Susquehanna International Group possesses A 15% participation in Bytedance.
Musk’s Electric Vehicle Company, Tesla, its largest company, is doing a business in China. Approximately 23 percent, or $ 5. 7 billion of $ 25. 2 billion Tesla at its maximum recent quarter, came here from China. The lives discussed the “strong relationship of Musk” with the Chinese government strengthened his case with Tiktok.
Musk’s $421 billion network makes him more than $180 billion richer than any other human, according to our most recent estimates. Musk’s 12% stake in Tesla and a 42% stake in his aerospace government contractor SpaceX accounts for the majority of his fortune.
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