US President Donald Trump said he would be open to billionaire Elon Musk or Oracle chairman Larry Ellison acquiring TikTok as part of a joint venture with the US government.
Speaking at a White House event with Ellison on Tuesday, Trump said: "I have the authority to make a deal. I would say buy it and give half to the United States."
He added: "Your (TikTok's) assets are either worth nothing or trillions of dollars, it all depends on whether the US grants a license."
TikTok was briefly offline in the United States over the weekend, but Trump extended the ban by 75 days on Monday, his first day in office.
Oracle helped restore TikTok, which was shut down in the US for about 14 hours, after Mr Trump promised not to enforce the ban, but could face fines as a result.
Bytedance had previously publicly refused to sell TikTok, but potential buyers hoped that the Supreme Court ruling and the brief shutdown of TikTok might prompt the company to reconsider.
That prospect has bidders excited. A group of U.S. investors, assembled by tech entrepreneur Jesse Tinsley, announced Tuesday that they have joined the acquisition, including the well-known American YouTuber "MrBeast."
Amazon and Oracle, which already do business with TikTok, are also rumored to be in the running.
In the current era where the global competition in artificial intelligence is becoming increasingly intense, on June 30th, the European Union announced the launch of the "AI Gigafactory" initiative, which is like a huge rock thrown into the technological wave, causing thousands of ripples.
In the current era where the global competition in artifici…
The production line of Tesla's humanoid robot Optimus sudde…
The dollar has dominated the global financial system for mo…
On June 29th local time, US President Trump issued a ultima…
In the current era of rapid technological development, spac…
On July 2, 2025, according to the Australian media Share Co…