US President Donald Trump expressed willingness to consider a potential acquisition of the popular social media platform TikTok by entrepreneur Elon Musk. During a recent press conference at the White House, the 78-year-old leader deemed TikTok “worthless” without a specific permit, which he suggested the US could facilitate, albeit at a cost.
Trump proposed a scenario where TikTok could be valued at trillions of dollars with the acquisition of a permit. He mentioned the idea of someone buying TikTok and sharing half of the ownership with the United States in exchange for the permit. The President emphasized the benefits of having the US as a partner to enhance the platform’s overall value.
The video clip of Trump’s remarks quickly circulated on social media platforms, sparking conversations about his actions and decisions since his recent inauguration. Notably, Trump started his term with a flurry of executive orders, including pardoning a vast majority of his supporters involved in the Capitol riot on January 6, 2021.
While the exact number of pardons remains uncertain, Trump indicated his intent to pardon a significant number of individuals, including those charged with non-violent misdemeanors related to the Capitol incident. He referred to the individuals involved in the riot as “hostages” during his speech, even inviting relatives of Israeli hostages on stage.
In a dramatic gesture at the Capital One Arena, Trump signed several controversial Executive Orders in front of a lively audience. Among the orders signed were ones to revoke numerous executive orders issued by Joe Biden, enforce a regulation freeze, impose a hiring freeze for the IRS, and eliminate work-from-home privileges for government employees. Additionally, Trump’s action to withdraw from the Paris Climate Treaty aligns the US with only a few countries globally.
The developments surrounding Trump’s statements and actions continue to unfold rapidly, marking this as a developing news story.
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