ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.

Chinese government officials have reportedly discussed a scenario where ByteDance sells TikTok's United States arm to Elon Musk, should the Supreme Court

Chinese officials are reportedly exploring a backup plan for TikTok after the Supreme Court appeared unlikely to save it from a US ban. With TikTok’s legal options nearly exhausted, multiple news outlets are reporting that China is considering an option it previously said it wouldn’t: letting ByteDance sell the app.

Could Elon Musk save TikTok in the US? China weighs option to sell the controversial TikTok social media app's US operations ahead of looming ban

Chinese officials have reportedly discussed selling TikTok's US operations to Elon Musk as the threat of a US ban looms.

Chinese officials reportedly want ByteDance Ltd. to remain the owners of TikTok but is in discussion on how to work with the Trump Administration.

TikTok denied a report that China is exploring a sale of the app to Elon Musk to keep TikTok operational in America amid a looming U.S. ban.

Several parties have expressed interest in buying the platform, but ByteDance has repeatedly said it does not plan to sell. Experts have also noted the Chinese government is unlikely to approve a sale that includes TikTok's coveted algorithm.

Tesla's valuation climbed today alongside reports that CEO Elon Musk could be involved in a deal to purchase TikTok from ByteDance -- its Chinese parent company. The electric vehicle (EV) leader's stock also appears to be getting a boost related to the inauguration of President-elect Trump this coming Monday.

A US ban on the social media platform TikTok is set to go into effect. Here's how long the app has left, plus the ban's impact on High Desert creators.

An approaching TikTok ban will impact millions of people who rely on the app for their livelihood. On Friday, the Supreme Court upheld the federal law banning TikTok unless it’s sold by its China-based parent company, as reported by The Associated Press (AP).