As President-elect Donald Trump prepares for his second term, one of the early controversies involves his stance on TikTok, the popular social media platform owned by ByteDance. Trump has proposed an executive order to extend the TikTok ban deadline, suggesting a scenario where the U.S. could own half of TikTok through a joint venture. This article explores the legal, political, and financial implications of such a move, including the possibility of using earnings from the $TRUMP meme coin to finance this acquisition. Trump's Executive Order and the TikTok Ban: Legal Framework: The existing law passed by Congress mandates that TikTok must be entirely divested from ByteDance or face a ban in the U.S. Trump's executive order to extend this deadline would be a temporary measure, but it cannot
To Buy or Not to Buy: What's the Future of TikTok?
Trump said: "I may proceed with the TikTok deal, or I may not." If TikTok accepts Trump’s proposal, it would shift from a “complete sale” to “selling 50% of its equity.” Trump gains billions of money from the new $TRUMP coin. Another possibility is that Perplexity AI proposes a merger with the U.S. version of TikTok. ---------------- Will Trump use the money to buy TikTok? To buy or not to buy, what's the potential future of TikTok?
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