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 Donald Trump said Tuesday he is open to Elon Musk buying TikTok, and floated a proposal that the United States jointly own half the company. “I would be, if he wanted to buy it, yes,” Trump told reporters at a White House event announcing a new AI infrastructure private sector partnership with tech leaders,

He previously floated a joint venture, saying that the US should be entitled to half of the app.

"I have met with owners of TikTok, the big owners," Trump stated. "What I'm thinking about saying to somebody is, buy it and give half to the United States of America," Trump said. "And we'll give you the permit.

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

United States President, Donald Trump, said he would love to see Tesla CEO, Elon Musk or Oracle Chairman, Larry Ellison, purchase TikTok, owned by China's ByteDance.

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.

At a press briefing on Tuesday, President Trump suggested that he’s open to the idea of Elon Musk or Larry Ellison buying TikTok.

Billionaire Frank McCourt, Shark Tank investor Kevin O'Leary, tech entrepreneur Jesse Tinsley and MrBeast have all expressed interest in TikTok

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.

He also indicated his support for a potential acquisition by Larry Ellison, Chairman of Oracle Corporation, a multinational tech company.

Larry, let’s negotiate in front of the media,” Trump said at a press conference with the Oracle co-founder, SoftBank CEO Masa Son, and OpenAI CEO Sam Altman to announce a $500 billion artificial intelligence infrastructure investment.