Donald Trump signed an executive order delaying the US ban on ByteDance's TikTok for 75 days, starting January 19.

Here’s another bright idea from President Donald Trump. He just expressed openness to the idea of either Tesla CEO Elon Musk or Oracle Chairman Larry Ellison purchasing TikTok, a move that could have significant implications for the app’s future in the United States.

US President Donald Trump on Tuesday said he would be supportive of the world's richest man and his close aide, Elon Musk, buying TikTok "if he wanted to". Trump was asked if he would be open to the billionaire founder of Tesla buying the short-video platform facing a nationwide ban in the US after the Supreme Court last week upheld a law requiring TikTok to sever ties with its Chinese parent ByteDance.

President Donald Trump signed an executive order to further delay the TikTok ban in the U.S. In a statement shared hours after he was sworn in on Monday, Jan. 20, Trump announced he was giving TikTok 75 more days before a law banning the social media platform in the U.S. would take effect.

Donald Trump is now being hailed as TikTok's savior after he tried to ban the app during his White House first term.

TikTok, with 170 million US users, faces a potential ban unless its Chinese owner, ByteDance, sells its US operations. President Trump has delayed the ban, considering alternatives like a joint ownership with US investors.

"I have been against a TikTok ban for a long time, because it goes against freedom of speech. That said, the current situation where TikTok is allowed to operate in America, but X

In order to avoid a potential ban in the United States, Chinese officials are considering a contingency plan that would involve selling TikTok's US operations to Elon Musk, said a Bloomberg report. The report further said that the first preference of the Chinese officials will be to keep the short-form video hosting platform under the control of parent company ByteDance,

The new US President is open to the Tesla billionaire purchasing social media app TikTok but he's not the only potential buyer