TikTok Sale: Microsoft, Musk, Ellison, and Other Potential Buyers
In the battle to acquire TikTok's US operations amidst growing security concerns, President Donald Trump has hinted at potential buyers, including technology giants and prominent individuals.
Microsoft (MSFT)
Microsoft, along with Walmart, had previously expressed interest in acquiring TikTok in 2020. Trump has confirmed Microsoft's potential involvement this time around.
Elon Musk (X)
Chinese government officials have reportedly discussed the possibility of selling TikTok's US business to Elon Musk, owner of X. Trump has expressed intrigue at the idea, but Musk has yet to comment directly.
Larry Ellison and Oracle (ORCL)
Trump has sent mixed signals regarding Ellison's involvement. While initially indicating interest, he later denied talks with Oracle. NPR reported that the Trump administration considered a plan to move TikTok's control to Oracle, with Ellison as chair.
Perplexity AI
An AI startup backed by Amazon (AMZN) founder Jeff Bezos and Nvidia (NVDA) has reportedly submitted a proposal to merge with TikTok's US business and give half ownership to the US government.
Other Potential Buyers
* Frank McCourt of Project Liberty and former owner of the LA Dodgers, in collaboration with "Shark Tank" star Kevin O'Leary, is interested in a deal.
* Jesse Tinsley of Employer.com and YouTuber "MrBeast" have submitted an all-cash bid.
Timeline and Conditions
Trump has set a 30-day deadline for a deal, although an executive order gives TikTok's Chinese parent company, ByteDance, until April 4 to find a solution. Trump has also suggested that the buyer may need to give half of the company to the United States.