President-elect Donald Trump plans to sign an executive order to delay the TikTok ban enforcement, emphasizing a collaborative ownership approach with potential U.S. partners.
Trump's executive order aims to extend the timeline for ByteDance to find a buyer, proposing a U.S. ownership stake in TikTok's future.
He indicated that without U.S. approval, TikTok cannot operate, but with that endorsement, it has enormous financial potential, possibly reaching trillions in value.
Elon Musk voiced concerns over TikTok's operational status in America versus X's ban in China, calling for a reassessment of the current balance.
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