President Trump indicated that he would be open to Tesla CEO Elon Musk or Oracle CEO Larry Ellison buying TikTok.
"I have met with owners of TikTok, the big owners," Trump stated. "What I'm thinking about saying to somebody is, buy it and give half to the United States of America," Trump said. "And we'll give you the permit.
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President Trump said Tuesday while taking questions at a press conference on AI infrastructure that he would be open to Tesla CEO and X owner Elon Musk or Oracle chairman Larry Ellison buying TikTok.
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
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President Donald Trump expressed openness to Tesla CEO Elon Musk or Oracle Chairman Larry Ellison acquiring TikTok, marking a significant shift in the platform’s uncertain future amid regulatory challenges.
President Donald Trump said he would be open to billionaire supporter Elon Musk or Oracle Corp. Chairman Larry Ellison purchasing social video app TikTok as part of a joint venture with the US government.
US President Donald Trump discusses potential TikTok acquisition by Elon Musk or Larry Ellison, highlighting a shift in his approach towards the platform.