As the Jan. 19 date for a TikTok ban approaches, another name is emerging as a potential buyer: SpaceX and Tesla CEO Elon Musk, who already owns X.
WASHINGTON – General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after President Donald Trump signed an executive order that halted a ban on the app for 75 days.
Tesla bull Ross Gerber doubts the effectiveness of Donald Trump's executive order to delay TikTok's federal ban, citing national security laws, as Elon Musk's X emerges as a contender for TikTok's U.S.
Trump loves the reciprocal trade framework … and he loves this [idea],” a source said of the president’s plan for joint ventures.
For many of America’s 170 million TikTok users, US President Donald Trump’s move to delay a legal ban of the popular social media platform was cause for celebration. But in China, where TikTok’s parent company is based,
Tesla ( TSLA) stock jumped more than 6% Friday amid speculation that CEO Elon Musk could potentially buy TikTok. The social media platform needs to find an American buyer, or it will effectively face a countrywide ban starting next week — and Musk is reportedly the most likely candidate.
US President Donald Trump on Tuesday said he was open to billionaire Elon Musk buying social media app TikTok if the Tesla CEO wanted to do so. "I would be, if he wanted to buy it," Trump told reporters when asked if he was open to Musk buying the platform.
An early payoff has already been scored by TikTok, the video-sharing app that spent months currying favor with the then-candidate Trump in hopes that if he won the election, he would help it survive a threatened shutdown.
Unless its owner agrees to sell, TikTok will be banned in the U.S. on Jan. 19. Here's how to download your account if no one buys the app.
The high-profile names who could potentially buy TikTok following the Supreme Court's decision to uphold the law banning the platform in the US.
Several ultrawealthy investors like Kevin O'Leary and Frank McCourt have expressed interest in buying TikTok — here's what they'd do with it.