January 22, 2025 - 12:00
In a recent statement, former President Donald Trump proposed that tech giants Elon Musk or Larry Ellison could potentially purchase TikTok, the popular social media platform. This suggestion follows his earlier notion of a joint venture, wherein he argued that the United States should be entitled to a significant share of the app's ownership. Trump emphasized the importance of national security concerns surrounding TikTok, which has faced scrutiny over its ties to China.
The former president's remarks have reignited discussions about the future of TikTok in the U.S. market, especially given the platform's massive user base and influence on social media trends. As regulatory pressures mount, the idea of a U.S.-based ownership could be seen as a solution to alleviate fears regarding data privacy and security. The involvement of high-profile figures like Musk or Ellison could also attract substantial investment and innovation to the app, shaping its trajectory in the competitive social media landscape.
