Showerthought after reading about Trump and Tiktok. Bet you Elon advises Trump to force the spinoff so that he can buy it.
I’m done with this country.
If it did happen, could Elon afford it? Surely TikTok is much more valuable than Twitter, right? Musk could barely scrounge enough backing and had to put up his Tesla shares as collateral to get enough cash for the Twitter purchase.
The question isn’t about affording it, the questions is why China would give up such a valuable Intel gathering and propaganda tool? They wouldn’t sell it for all the tea in China.
They’d give it up because the U.S. Government would force them to. That’s what OP is talking about
They’ve already said they would shut down operations in America rather than sell.
TikTok in 2024 being more valueable than Twitter in 2022??? Are you high?
Often, yes.
Musk purchased Twitter in 2022 for 44 billion, and he was overpaying. For TikTok’s American component, its price could be $100 billion, according to BBC and CBS or even $180 billion according to the Financial Times. Although a forced sale would definitely decrease the value (and that value includes TikTok’s proprietary algorithms which aren’t a given) it is definitely worth more than Twitter, even 2022 Twitter
estimated value of ~ $30-100 billion, depending on if key pieces of proprietary tech (essentially their algorithms) are included.
Why should he?
Isn’t TikTok already spewing enough racism and bullshit?
You may have had this thought in the shower, but I don’t think that’s what this community is actually about.
Looking through the rest of this community it is exactly what this community is about.
