Monday, June 30, 2025

Trump says he’s discovered a purchaser for TikTok

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A gaggle of “very rich individuals” is ready to purchase short-form video app TikTok, in keeping with President Donald Trump.

“We have now a purchaser for TikTok, by the best way,” Trump said in a Fox News interview on Sunday morning. “I feel I’ll want most likely China’s approval. I feel President Xi [Jinping] will most likely do it.”

Trump declined to share extra particulars in regards to the patrons, saying solely that he would reveal their identities in two weeks (apparently his favorite unit of time). 

Trump has repeatedly delayed a invoice forcing proprietor ByteDance to promote the app or see it banned in the US. In January, he said his “initial thought” was to create “a three way partnership between the present homeowners and/or new homeowners whereby the U.S. will get a 50% possession.”

He’s additionally stated he was open to allies Larry Ellison or Elon Musk buying the app, though Musk seems like a less likely candidate now.



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