China is reportedly exploring the possibility of selling TikTok’s US operations to Elon Musk,Bloomberg reports.

A TikTok spokesperson told CNET: “We can’t be expected to comment on pure fiction.”

It is also unclear whether ByteDance is aware of or involved in the reported discussions.

X did not respond to a request for comment.

TikTok’s valuation is estimated between $40 billion and $50 billion.