President Donald Trump has said he would be open to Tesla CEO Elon Musk or Oracle chairman Larry Ellison buying TikTok as part of join venture with the U.S. government.
Trump was asked at a press conference on Tuesday if he was open to “Elon buying TikTok.” He responded that he would be, and added: “I’d like Larry to buy it, too.”
Trump signed an executive order on Monday to delay the TikTok ban deadline by 75 days and told the Department of Justice not to enforce the ban’s penalties. While the app is back online, it’s still missing from app stores.
To save the app, Trump is considering an arrangement where the government gives the company a permit to operate in the U.S. in exchange for half of TikTok.
“I have the right to make a deal,” Trump said. “So what I’m thinking about saying to somebody is buy it and give half to the United States of America, half, and we’ll give you the permit.”
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