The token reached a market cap of over $200 million within a few hours, prompted by Musk's promise to bring back the defunct app.
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.
After years of rejecting the idea of a sale of TikTok’s US assets to an American buyer in order to avert a ban, China and ByteDance may have found an owner they could live with: Elon Musk.
President Donald Trump said he would be open to billionaire supporter Elon Musk or Oracle Corp. Chairman Larry Ellison purchasing social video app TikTok as part of a joint venture with the US government.
ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
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 has said he would be open to Tesla CEO Elon Musk or Oracle chairman Larry Ellison buying TikTok as part of a joint venture with the
At a press briefing on Tuesday, President Trump suggested that he’s open to the idea of Elon Musk or Larry Ellison buying TikTok.
Just a few weeks ago, Mark Zuckerberg made a big announcement about shifting content moderation on Meta platforms — he’s getting rid of fact-checking in favor of crowdsourced community notes, and his new terms of service allow a whole lot of bigoted and transphobic content that used to be at least nominally against the rules.
MrBeast joins a long list of interested TikTok buyers including billionaire Elon Musk and Oracle founder Larry Ellison. Billionaire Frank McCourt, who runs the internet advocacy group Project Liberty has also publicly expressed his interest in the opportunity,
Trump taps one-time Labor secretary nominee to be EU ambassador. President Donald Trump said Wednesday evening that he was nominating f