President Trump expressed openness to Elon Musk buying TikTok, stating it would be beneficial if Musk, with his ties to China, acquired the app. Trump had signed an executive order granting TikTok a 75-day reprieve from an impending ban. He emphasized the app’s value, contingent upon receiving a permit, and suggested a deal where half its value could support the U.S. government. Trump's statements coincided with the announcement of a significant AI infrastructure project, hinting at evolving relationships in tech and media.
I met with the owners of Tiktok, the big owners, it's worthless if it doesn't get a permit. It's worth like a trillion dollars.
I would be, if he wanted to buy it, Trump told reporters, indicating openness to Musk acquiring TikTok.
So what I'm thinking about saying to somebody is, 'buy it and give half to the United States of America, and we'll give you the permit.
Musk's name has previously been floated by officials as a possible buyer because of the mogul's close ties to China.
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