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.

United States President, Donald Trump, said he would love to see Tesla CEO, Elon Musk or Oracle Chairman, Larry Ellison, purchase TikTok, owned by China's ByteDance.

The app, which has over 170 million American users, was directed to either sell its US operations to an American company or face a ban effective from Jan 19.

The bidding for TikTok’s future is heating up, with tech heavyweights including Elon Musk, Amazon, Oracle, and a consortium led by billionaire Frank McCourt also joining the race. This high-profile acquisition has garnered global attention, with the sale expected to become one of the largest in tech history.

ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.

At a press briefing on Tuesday, President Trump suggested that he’s open to the idea of Elon Musk or Larry Ellison buying TikTok.

Elon Musk has indicated that he’s open to resurrecting the defunct video platform, Vine, after a ban shut down TikTok over the weekend to millions of users in the U.S. Musk, who owns social media rival X,

Elon Musk criticized the situation where TikTok operates in the US, but X is banned in China, calling it unbalanced and emphasizing the need for change, while also expressing his long-standing opposition to banning TikTok.

In a recent post on X, Elon Musk voiced concerns over the ongoing tensions between the U.S. and China regarding social media platforms, specifically TikTok and X (formerly Twitter). Musk, who owns X,