He previously floated a joint venture, saying that the US should be entitled to half of the app.
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.
President Donald Trump has issued a “full and unconditional pardon” to Washington, DC, police lieutenant Andrew Zabavsky and officer Terence Sutton for their roles in the death of 20-year-old Karon Hylton-Brown, a case that drew protests on the heels of the murder of George Floyd.
Elon Musk swooping in to buy TikTok before a US ban is set to bite? It seems like a stretch, but it could also make some sense, Peter Kafka writes.
As the Jan. 19 date for a TikTok ban approaches, another name is emerging as a potential buyer: SpaceX and Tesla CEO Elon Musk, who already owns X.
I met with the owners of Tiktok, the big owners, it’s worthless if it doesn’t get a permit,” Trump said. “It’s worth like a trillion dollars.”
President Donald Trump has said he would be open to Tesla CEO Elon Musk or Oracle chairman Larry Ellison buying TikTok as part of a joint venture with the
The president said he’s also open to another tech giant to acquire TikTok: Larry Ellison, co-founder of Oracle. Ellison was present at the White House for a $500 billion AI infrastructure partnership between the Trump administration and OpenAI, Softbank and Oracle. Oracle, a software company, houses most of TikTok's servers
ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
The token reached a market cap of over $200 million within a few hours, prompted by Musk's promise to bring back the defunct app.
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.