Alien Road reports that President Donald Trump has expressed openness to the idea of Elon Musk, CEO of Tesla, or Larry Ellison, Chairman of Oracle, purchasing TikTok.<\/p>\n\n\n\n
During a press conference announcing a collaborative initiative in artificial intelligence infrastructure, Trump responded to a journalist\u2019s inquiry about whether he would support \u201cElon buying TikTok.\u201d<\/p>\n\n\n\n
\u201cI would be if he wanted to buy it, yes,\u201d Trump stated. \u201cI\u2019d like Larry to buy it, too.\u201d<\/p>\n\n\n\n
TikTok, owned by China\u2019s ByteDance, currently faces uncertainty in the U.S. after Trump signed an executive order on Monday granting the app a 75-day window to continue operations. This order is intended to delay a ban imposed after the Supreme Court upheld a national security law that restricts app stores and service providers from hosting TikTok unless ByteDance agrees to sell it.<\/p>\n\n\n\n
Trump commented that TikTok would be \u201cworthless\u201d without the necessary permits to operate in the U.S., but could potentially reach a valuation of $1 trillion with the proper authorization.<\/p>\n\n\n\n
Musk, who also leads SpaceX and owns the social media platform X, was a significant financial supporter of Trump\u2019s campaign and is positioned to hold considerable sway in the administration. Ellison, a longstanding supporter of Trump, is already a key player as Oracle serves as TikTok\u2019s cloud infrastructure provider in the U.S.<\/p>\n\n\n\n
\u201cWhat I\u2019m thinking about saying to somebody is, buy it and give half to the United States of America,\u201d Trump remarked. \u201cAnd we\u2019ll give you the permit.\u201d<\/p>\n\n\n\n
Trump added that ByteDance would benefit from \u201cthe ultimate partner\u201d in the U.S., making the deal attractive from a regulatory standpoint.<\/p>\n\n\n\n
Trump\u2019s stance on TikTok has evolved significantly since his first term, during which he attempted to ban the app through an executive order in 2020. A federal court blocked the effort, citing it as \u201carbitrary and capricious.\u201d However, Trump\u2019s perception of TikTok reportedly changed following a meeting in February with billionaire Jeff Yass, a major ByteDance investor and stakeholder in Truth Social, Trump\u2019s own social media platform.<\/p>\n\n\n\n
ByteDance has not publicly commented on a potential sale, but reports suggest that the Chinese government may be considering an arrangement that would involve Musk acquiring TikTok\u2019s U.S. operations.<\/p>\n\n\n","protected":false},"excerpt":{"rendered":"
Alien Road reports that President Donald Trump has expressed openness to the idea of Elon Musk, CEO of Tesla, or Larry Ellison, Chairman of Oracle, purchasing TikTok. During a press conference announcing a collaborative initiative in artificial intelligence infrastructure, Trump responded to a journalist\u2019s inquiry about whether he would support \u201cElon buying TikTok.\u201d \u201cI would […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-29814","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/alienroad.com\/wp-json\/wp\/v2\/posts\/29814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alienroad.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alienroad.com\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/alienroad.com\/wp-json\/wp\/v2\/comments?post=29814"}],"version-history":[{"count":1,"href":"https:\/\/alienroad.com\/wp-json\/wp\/v2\/posts\/29814\/revisions"}],"predecessor-version":[{"id":30160,"href":"https:\/\/alienroad.com\/wp-json\/wp\/v2\/posts\/29814\/revisions\/30160"}],"wp:attachment":[{"href":"https:\/\/alienroad.com\/wp-json\/wp\/v2\/media?parent=29814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alienroad.com\/wp-json\/wp\/v2\/categories?post=29814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alienroad.com\/wp-json\/wp\/v2\/tags?post=29814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}