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.

President Trump has made it very clear who he considers to be the right potential buyer for TikTok’s US ownership rights.

The president said he’s also open to another tech giant to acquire TikTok: Larry Ellison, co-founder of Oracle. Ellison was present at the White House for a $500 billion AI infrastructure partnership between the Trump administration and OpenAI, Softbank and Oracle. Oracle, a software company, houses most of TikTok's servers

Larry Ellison unveiled plans for an AI-driven cancer vaccine system that could deliver personalized treatments within 48 hours.

The President said he would be open to the US billionaires purchasing social video app TikTok as part of a joint venture with the US government.

President Donald Trump said he is in favor of Elon Musk or Larry Ellison buying TikTok as he offered his latest thinking on what a deal might look like to save the US operations of the social media platform.

The US under Trump is embarking on a $500 billion AI infrastructure project, with Trump unveiling Stargate to secure global leadership in the business-critical technology.

President Donald Trump on Tuesday said he would be open to the possibility of having his billionaire ally Elon Musk buy the U.S. operations of TikTok in his latest comments on the popular social media platform.

Trump launched a $500 billion private-sector AI initiative called the Stargate Project while pardoning Silk Road founder Ross Ulbricht, sparking rallies in both tech stocks and AI-related cryptocurrencies.

The president announced a major AI investment project, which Oracle Chairman Larry Ellison said could be used to cure cancer.