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Trump open to Musk buying TikTok

United States President Donald Trump indicated on Jan.21 that he is open to billionaire Elon Musk acquiring the social media app TikTok.

This statement comes in the wake of a temporary ban on TikTok following a law that mandates its sale by its Chinese parent company, ByteDance, due to national security concerns.

Trump signed an executive order delaying the enforcement of the law by 75 days.

When questioned about Musk’s interest, Trump said, “I would be, if he wanted to buy it.”

He also suggested that the purchase should yield a financial benefit for the US.

Recent TikTok developments

Timeline
21-Jan-2025 🇨🇳 TikTok can decide on its US acquisition, Chinese gov’t says
  • China urges market-based decision for TikTok’s ops
  • Calls for fair US business environment for foreign firms
20-Jan-2025 📲 TikTok restored in US amid legal risks for providers
  • TikTok fully operational in the US again
  • Legal risks loom as Congress mandate expires
20-Jan-2025 📱 TikTok aims to restore services for US users
  • TikTok aims to restore US service functionality
  • Impact noted on over 7M small businesses in US
18-Jan-2025 🇺🇸 TikTok CEO praises Trump for support amid looming ban
  • TikTok CEO thanks Trump for US operations
  • US Supreme Court upholds TikTok ban ahead of deadline
18-Jan-2025 🛡️ TikTok, Shein, others sued over unlawful data transfers to China

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