Former President Donald Trump has suggested that TikTok could potentially become part of a sovereign wealth fund, according to reports from several news outlets. The move comes after Trump's previous attempts to ban the popular social media platform in the United States failed.
Trump's comments were made during an interview with Fox News, where he discussed the potential future of TikTok. "TikTok is a valuable asset and could benefit our country in many ways," Trump said. "It could become part of our sovereign wealth fund, which would be a win-win situation for everyone involved."
While details of the potential acquisition remain unclear, experts speculate that such a move could help ease geopolitical tensions between the United States and China, where TikTok's parent company, ByteDance, is based.
This development follows years of controversy surrounding TikTok, with concerns over user data privacy and national security prompting scrutiny from lawmakers. Despite these challenges, TikTok has remained incredibly popular among younger audiences, with over one billion monthly active users.
As discussions around TikTok's future continue, the possibility of the platform becoming part of a sovereign wealth fund remains speculative but intriguing.
Category: Politics
Published on: 2025-02-04 08:36:23
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Trump says U.S. government could buy TikTok, Mashable
Trump says US sovereign wealth fund could buy TikTok, BBC News
Trump Signs Order for Sovereign Wealth Fund and Says It Could Fund TikTok Purchase, New York Times