#Musk May Acquire TikTok#
Hot Topic Overview
Overview
The possibility of Musk acquiring TikTok is heating up. US President Trump has expressed support for Musk or Oracle Chairman Larry Ellison to acquire TikTok and form a joint venture with the US government. Kingdom Holding (KHC), the investment company owned by Saudi Prince Alwaleed bin Talal, has also indicated that it would be interested in investing if Musk or anyone else acquires TikTok. While ByteDance has refused to sell TikTok, Trump has signed an executive order extending the deadline for sale by 75 days, while a national security law ruling by the US Supreme Court may force ByteDance to reconsider the sale plan.
Ace Hot Topic Analysis
Analysis
The possibility of Musk acquiring TikTok has attracted widespread attention. US President Trump has expressed support for Musk or Oracle Chairman Larry Ellison acquiring TikTok and forming a joint venture with the US government. Trump has even said he would be willing to let the US own 50% of TikTok. Although ByteDance has refused to sell TikTok, Trump has extended the deadline for the sale by 75 days. A national security law ruling by the US Supreme Court may force ByteDance to reconsider its sale plans. Prince Alwaleed bin Talal's investment company, Kingdom Holding (KHC), has also said that it would be interested in investing if Musk or someone else acquires TikTok. KHC currently holds stakes in Musk's social media platform X and AI startup xAI. However, the Chinese government has expressed a cautious stance on the related transactions, saying it hopes the US will provide a fair and non-discriminatory environment.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Musk's acquisition of TikTok may be supported by Saudi Prince's investment company.
Trump supports Musk or Ellison acquiring TikTok, and forms a joint venture with the US government.
ByteDance refuses to sell TikTok, but Trump has signed an executive order extending the sale deadline by 75 days.
The Chinese government has expressed cautious stance on the relevant transactions, saying it hopes the US will provide a fair and non-discriminatory environment.