Will Elon Musk Buy TikTok? Here Are The Details Behind A Possible Sale

Benzinga

If ByteDance decides to sell, TikTok's U.S. operations could be worth as much as $50 billion. The Chinese government has considered a plan in which Elon Musk could acquire TikTok's operations as part of several potential scenarios. Frank McCourt and Kevin O'Leary have bid up to $20 billion to acquire TikTok's U.S. assets without its algorithm. O'Leary's group would face no regulatory scrutiny, unlike Musk's bid. The 'Shark Tank' star expressed doubts about the feasibility of Musk's bid.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02TikTok's US operations could be worth as much as $50 billion if ByteDance decides to sell.

00:07The Chinese government has considered a plan in which Elon Musk could acquire TikTok's

00:11operations as a part of several potential scenarios. Frank McCourt and Kevin O'Leary

00:16have bid up to $20 billion to acquire TikTok's US assets, but without its algorithm.

00:20O'Leary's group would face no regulatory scrutiny, unlike Musk's bid.

00:24The Shark Tank star expressed doubts about the feasibility of Musk's bid.

00:27For all things money, visit Benzinga.com slash GSTV.

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