Former President Donald Trump announced plans for an executive order to delay restrictions on TikTok’s U.S. operations. The extension would allow more time to address national security concerns while keeping the platform available to American users.
The proposed order would protect companies that help keep TikTok running during the extension. Trump stressed TikTok’s cultural importance, pointing to its role in amplifying events, including his upcoming inauguration.
A central part of Trump’s plan is a joint venture giving the U.S. a 50% ownership stake. He believes this approach could ensure responsible management and drive TikTok’s value to hundreds of billions or even trillions of dollars with U.S. backing.
Speculation about potential buyers has drawn attention. Elon Musk, a known Trump ally, is rumored as a possible stakeholder. Financial experts also suggest Amazon could join the race, while entrepreneur Jesse Tinsley leads a consortium, reportedly including YouTuber MrBeast, with an all-cash bid.
This move highlights efforts to secure TikTok’s future in the U.S. while addressing security concerns through shared ownership.
