ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
Content creator Jimmy Donaldson, known on the Internet as MrBeast, has made it clear he is interested in buying TikTok. Donaldson has the most subscribers of any user on YouTube— over 340 million—and boasts over 113 million TikTok followers.
Shortly after President Donald Trump announced a new massive AI infrastructure investment from the White House, “First Buddy” Elon Musk tried to tear it down.
Elon Musk has objected to a lack of reciprocity in the US-China tech relationship, a rare criticism from the billionaire on issues sensitive to Beijing after US president-elect Donald Trump prepared to offer a reprieve to TikTok on a ban in the US.
Musk acquired X (then Twitter) in October 2022 after a highly publicized back and forth, in which he gave up on the acquisition midway but ultimately closed the deal, paying $44 billion for the platform. X's user base has been on a decline since the acquisition, and advertising revenues have plummeted.
If it were possible to short a public figure with maximum leverage, Elon Musk would surely be the top target. The political and enterprise value of “Musk Inc” is built on treacherous ideological sands.
President Donald Trump was asked to address Elon Musk's criticism of OpenAI CEO Sam Altman at an Oval Office press opportunity with reporters on Thursday. REPORTER: Does it bother you that Elon Musk criticized a deal that you made publicly that he said that he tweeted that?
Han Zheng, Chinese President Xi Jinping’s envoy at Trump’s Inauguration, discussed fentanyl, trade, and technology with Vance and Musk.
Trump advisor Elon Musk has longstanding business ties in China.
US President Donald Trump on Tuesday said he would be supportive of the world's richest man and his close aide, Elon Musk, buying TikTok "if he wanted to". Trump was asked if he would be open to the billionaire founder of Tesla buying the short-video platform facing a nationwide ban in the US after the Supreme Court last week upheld a law requiring TikTok to sever ties with its Chinese parent ByteDance.
President Donald Trump on Tuesday said he would be open to the possibility of having his billionaire ally Elon Musk buy the U.S. operations of TikTok in his latest comments on the popular social media platform. “I would be if he wanted to buy it, yeah,” Trump said.