Earlier this month, Bloomberg reported that China was considering a TikTok sale to Elon Musk, the world's richest man and a close ally of President Trump, who already owns the social media platform X.
The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have reached out.
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.
The President said he would be open to the US billionaires purchasing social video app TikTok as part of a joint venture with the US government.
Billionaire Frank McCourt, Shark Tank investor Kevin O'Leary, tech entrepreneur Jesse Tinsley and MrBeast have all expressed interest in TikTok
U.S. businessman Frank McCourt is open to teaming up with other ... and that he was open to billionaires Elon Musk or Larry Ellison, chairman of Oracle, buying the social media app.
and that he was open to billionaires Elon Musk or Larry Ellison, chairman of Oracle, buying the social media app. McCourt's Project Liberty advocacy group submitted a bid to buy the U.S. assets of ...
DAVOS, Switzerland (Reuters) -U.S. businessman Frank McCourt is open to teaming up ... and that he was open to billionaires Elon Musk or Larry Ellison, chairman of Oracle, buying the social ...
A day after his inauguration, President Donald Trump said he'd be on board with Tesla CEO Elon Musk or Oracle cofounder Larry Ellison buying TikTok. In a Tuesday press briefing announcing a $500 billion artificial intelligence joint venture with Oracle, Trump said he was open to the idea of Ellison or Musk buying TikTok.
As TikTok faces a potential ban, various bidders, including Elon Musk and Larry Ellison, are key contenders to buy the platform. Meanwhile, Netflix remains a possible option among streaming giants, though the company has not historically pursued major acquisitions.
Perplexity AI has submitted an updated proposal to merge with TikTok that would allow the U.S. government to take a 50 percent stake in the newly formed company, a source familiar confirmed to The Hill.
The president denied a report that the White House was helping advance a deal with Oracle and a group of other outside investors for the platform.