Trump open to Elon Musk acquiring TikTok

Trump open to Elon Musk acquiring TikTok

VANGUARD

US President Donald Trump said Tuesday he would be open to tech billionaire Elon Musk — the owner of social media platform X — buying Chinese-owned app TikTok.

“I would be if he wanted to buy it,” Trump told reporters when asked if he was open to Musk, world’s richest man and the head of a budget cutting initiative in the new administration, acquiring the video-sharing platform.

TikTok is facing down a US law that ordered the company to divest from its Chinese owner ByteDance or be banned in the United States.

In one of his first acts in office, Trump ordered a pause on enforcing the law that should have seen TikTok effectively made illegal in the country on Sunday, a day before he took office for a second term.

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Trump open to Elon Musk acquiring TikTok

 

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