TikTok’s U.S. operations might soon have a new owner - Elon Musk. Chinese officials are said to be considering allowing the sale of the social network to the billionaire.

The world’s richest person Elon Musk would likely be looking at a price tag similar to what he paid for Twitter if a deal materializes to buy the American operations of TikTok, according to one well-known analyst covering Musk--as China reportedly mulls allowing a sale to Musk to prevent an all-out U.

Less than a week before Donald Trump takes office, the SEC has filed a complaint against his most prominent benefactor.

The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the social media site.