Trump Proposes 50% U.S. Ownership for TikTok
President Donald Trump has proposed that the U.S. could take a 50% ownership position in TikTok as part of a joint venture, which would involve either cooperation with ByteDance or new American owners. Here are some companies and individuals that have been mentioned in discussions or expressed interest in potentially buying TikTok:
Microsoft - Microsoft has previously shown interest in acquiring TikTok. In 2020, there were talks between Microsoft and ByteDance, although the deal did not materialize. Given its past interest and financial capability, Microsoft could be a strong contender.
Truth Social - Speculation exists on social platforms like X about Truth Social potentially purchasing TikTok. Posts on X suggest scenarios where Truth Social could use its cryptocurrency or other financial maneuvers to acquire TikTok. However, these are speculative posts without official confirmation or substantial evidence of such a deal being in progress or completed.
Oracle - Oracle was also part of discussions back in 2020 regarding TikTok's U.S. operations. They proposed a deal where they would handle the hosting of TikTok's U.S. user data. This makes Oracle another potential buyer.
Elon Musk - There have been discussions about Elon Musk potentially acquiring TikTok. Chinese officials have reportedly considered him as an option to sell TikTok's U.S. operations should the app face a ban.
Walmart - Walmart previously partnered with Microsoft in an attempt to buy TikTok. Although that deal didn't go through, their interest in the platform suggests they might consider re-entering negotiations.
Kevin O'Leary - Known from "Shark Tank," Kevin O'Leary has publicly stated interest in buying TikTok, even forming a partnership with Frank McCourt's Project Liberty to pursue this acquisition.
Bobby Kotick - The former CEO of Activision Blizzard has reportedly discussed acquiring TikTok with ByteDance's co-founder and OpenAI's CEO, suggesting his interest in the platform.
Rumble - This video-sharing platform, favored by some conservative audiences, has made a public offer to buy TikTok and join a consortium for its acquisition in the U.S.
Steven Mnuchin - The former U.S. Treasury Secretary under President Trump has mentioned assembling an investor group to buy TikTok.
These entities represent a mix of tech companies, individual investors, and consortiums that have either expressed interest or have been speculated upon as potential buyers for TikTok. The involvement of any of these in a 50% U.S. ownership model would depend on negotiations, regulatory approval, and the specifics of the proposed joint venture.
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Modify on 2025-01-21 00:24
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