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.

He previously floated a joint venture, saying that the US should be entitled to half of the app.

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.

President Trump has made it very clear who he considers to be the right potential buyer for TikTok’s US ownership rights.

The future of the social media app in the US is up in the air, with the US President saying he wants to reach a deal.

"I have been against a TikTok ban for a long time, because it goes against freedom of speech. That said, the current situation where TikTok is allowed to operate in America, but X

President Donald Trump has indicated that he might not save TikTok after all, after calling the social media site "worthless" on his first day back in the White House. Trump had previously pledged to rescue TikTok from the nationwide ban enforced by the Supreme Court,

Barack Obama attended Trump’s inauguration while wife Michelle decided to skip the ceremony Donald Trump intends to start his second White House term by unleashing more than 100 executive orders and directives.