Several ultrawealthy investors like Kevin O'Leary and Frank McCourt have expressed interest in buying TikTok — here's what they'd do with it.
President Donald Trump had recently expressed his support in SpaceX and Tesla CEO Elon Musk or Oracle CEO Larry Ellison purchasing TikTok.
Tesla bull Ross Gerber doubts the effectiveness of Donald Trump's executive order to delay TikTok's federal ban, citing national security laws, as Elon Musk's X emerges as a contender for TikTok's U.S.
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.
Tesla ( TSLA) stock jumped more than 6% Friday amid speculation that CEO Elon Musk could potentially buy TikTok. The social media platform needs to find an American buyer, or it will effectively face a countrywide ban starting next week — and Musk is reportedly the most likely candidate.
An early payoff has already been scored by TikTok, the video-sharing app that spent months currying favor with the then-candidate Trump in hopes that if he won the election, he would help it survive a threatened shutdown.
For many of America’s 170 million TikTok users, US President Donald Trump’s move to delay a legal ban of the popular social media platform was cause for celebration. But in China, where TikTok’s parent company is based,
Trump loves the reciprocal trade framework … and he loves this [idea],” a source said of the president’s plan for joint ventures.
At a press briefing on Tuesday, President Trump suggested that he’s open to the idea of Elon Musk or Larry Ellison buying TikTok.
The high-profile names who could potentially buy TikTok following the Supreme Court's decision to uphold the law banning the platform in the US.
United States President, Donald Trump, said he would love to see Tesla CEO, Elon Musk or Oracle Chairman, Larry Ellison, purchase TikTok, owned by China's ByteDance.