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submitted 6 months ago by [email protected] to c/[email protected]

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[–] [email protected] 51 points 6 months ago (31 children)

TikTok's daily active users in the U.S. is also just about 5% of ByteDance's DAUs worldwide, said one of the sources.

So much drama in the US over this but it's apparently merely a money-losing afterthought for its owner.

[–] [email protected] 7 points 6 months ago (1 children)

Looks like they're saying it's running at a loss and is valued at $50b, so that Musk would end up buying it off their hands.

[–] [email protected] 10 points 6 months ago

If they want Musks attention they should have valued it at $69b

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