TikTok has denied Bloomberg's news that Elon Musk may buy the social network, which risks closing in the US after January 19.
The last hope for Byte Dance remains the decision of the Supreme Court, which may extend the deadline for closing the platform beyond January 19, following the claim that closing the platform violates the First Amendment of the Constitution for freedom of speech.
A bipartisan law passed last year required TikTok to sell its shares or face closure in the U.S. The U.S. Department of Justice has argued that Chinese control of TikTok poses a threat to national security, a position supported by most U.S. lawmakers.
Trump himself has said that Tik Tok should not be shut down in the United States for a while. Trump has asked the Supreme Court to extend the deadline for shutting down the Chinese platform.
The decision will be made on January 19.