The video-sharing platform denies reports that the Chinese government is considering selling to the CEO of Tesla and SpaceX.

TikTok has dismissed as “pure fiction” reports claiming that the Chinese government is considering allowing the platform to be sold to Elon Musk so that it can continue to operate in the US.

Bloomberg News and the Wall Street Journal reported Tuesday that Chinese officials have discussed allowing the sale to the Tesla and SpaceX CEO to avoid a ban set to take effect Sunday unless the in China-based owner ByteDance is selling TikTok’s US operations.

While Beijing officials would “strongly prefer” that TikTok remain under the control of Beijing-based ByteDance, senior Chinese officials have begun debating “contingency plans,” Bloomberg said.

Beijing has not communicated its emergency plans to ByteDance, the Wall Street Journal reported, citing unnamed people familiar with the discussions.

The Bloomberg report, which also cited unnamed people familiar with the matter, said one scenario being discussed would involve integrating TikTok into Musk’s social media platform X.

Bloomberg said it was not clear how Musk, the world’s richest person with an estimated net worth of more than $400 billion, would carry out the transaction or whether he would have to sell some of his other assets to complete a sale.

Responding to the reports, a TikTok spokesperson told Al Jazeera on Tuesday: “We cannot be expected to comment on pure fiction.”

The US Supreme Court is considering the constitutionality of the threatened ban after TikTok filed a lawsuit against the related Protecting Americans from Foreign Adversary Controlled Applications Act.

During oral arguments on Friday, the court appeared leaning toward upholding the ban, with a majority of justices apparently unconvinced by TikTok’s argument that forcing a sale would violate the First Amendment of the U.S. Constitution, which protects freedom of expression.

Outgoing President Joe Biden signed the TikTok bill into law in April amid bipartisan concerns about alleged risks to national security.

Democratic and Republican lawmakers have raised concerns that the platform could be used to harvest Americans’ personal information and manipulate public discourse.

President-elect Donald Trump, whose inauguration is scheduled for Jan. 20, vowed to “save” the platform during his presidential campaign, a reversal from his attempt to ban the app during his first term.