After years of rejecting the idea of a sale of TikTok’s US assets to an American buyer in order to avert a ban, China and ByteDance may have found an owner they could live with: Elon Musk.

TikTok has rejected claims that its US business could be sold to Elon Musk. The platform’s statement comes in response to a Bloomberg report on Monday, which said Chinese officials were considering selling its US business to Elon Musk should they fail to convince the Supreme Court to overturn the ban.

Elon Musk could occupy space in the Eisenhower Executive Office Building next to the West Wing to head up the newly created Department of Government Efficiency, known as DOGE.

As Donald Trump prepares to re-enter the White House for the second time next week, Elon Musk will enter his new digs. After he was re-elected, Trump confirmed Elon Musk would head a new department aimed at creating a more efficient government.

Elon Musk has been given an office in the White House complex for his Department of Government Efficiency (DOGE) in the latest sign of his closeness to Donald Trump.

Elon Musk has responded after Tesla's proposal for a semi-truck charging corridor was rejected by the White House for a third time.

Elon Musk’s net worth has dropped $5.4 billion this year, mostly due to trouble at Tesla Inc. (NASDAQ: TSLA). His total is now $427 billion, which puts him miles ahead of Jeff Bezos, who has a net worth of $237 billion,