Here’s another bright idea from President Donald Trump. He just expressed openness to the idea of either Tesla CEO Elon Musk or Oracle Chairman Larry Ellison purchasing TikTok, a move that could have significant implications for the app’s future in the United States.
General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after President Donald Trump signed an executive order that halted a ban on the app for 75 days.
US President Trump has suggested that Elon Musk should buy TikTok with a government partnership. Here are all the details on this.
Donald Trump signed an executive order delaying the US ban on ByteDance's TikTok for 75 days, starting January 19.
US President Donald Trump has stated that he is open to the idea of Elon Musk or Larry Ellison buying up TikTok.
Trump says he’s open to Elon Musk buying TikTok ‘if he wants to’ - Chinese officials want acquisitions to be decided by companies ‘in accordance with market principles’
He previously floated a joint venture, saying that the US should be entitled to half of the app.
At a press briefing on Tuesday, President Trump suggested that he’s open to the idea of Elon Musk or Larry Ellison buying TikTok.
Chinese officials are reportedly exploring a backup plan for TikTok after the Supreme Court appeared unlikely to save it from a US ban. With TikTok’s legal options nearly exhausted, multiple news outlets are reporting that China is considering an option it previously said it wouldn’t: letting ByteDance sell the app.
After delaying the ban on TikTok President Trump has said he would be open to Tesla CEO Elon Musk or Oracle chairman Larry Ellison buying TikTok. However, he would want either of them as part of a joint venture with the U.S. government.
US President Donald Trump on Tuesday said he would be supportive of the world's richest man and his close aide, Elon Musk, buying TikTok "if he wanted to". Trump was asked if he would be open to the billionaire founder of Tesla buying the short-video platform facing a nationwide ban in the US after the Supreme Court last week upheld a law requiring TikTok to sever ties with its Chinese parent ByteDance.