The world’s richest person, Elon Musk, would likely be similar to what he paid for Twitter if a deal materializes to buy Tiktok’s U. S. operations, according to a well-known analyst who covers musk, in China, the Mulls allow a sale to Musk. To save you a U. S. ban
Tiktok’s parent company, Bytedance, would look for a sum of $ 40,000 million to 50,000 million dollars for the good US fortune in the good fortune, Wedbush Analyst Dan Iives wrote in a price ticket to consumers On Tuesday, in the 444,000 million dollars of Musk diversity paid in 2022 by Twitter, now known as X, and well above the offer of approximately $ 20,000 million carried out through the allocation of the consortium led by states United last week.
Reports from Bloomberg and the Wall Street Journal on Chinese officials’ discussions about Musk are “not a total shock” given Musk’s tight relationship with President-elect Donald Trump, Ives added.
The acquisition of Tiktok’s American operations would be a “gold asset collection” for Musk and its social media corporate X, added Iives, who covered Twitter when it was a public company and now covers Tesla and the American generation industry as a whole.
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 to 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 net price tag provides him with more than $180 billion richer than any other human, according to our latest estimates. Musk’s 12% stake in Tesla and 42% in his Aerospace Government entrepreneur SpaceX accounts for the bulk of his fortune.
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