Elon Musk Or Larry Ellison? Dan Ives On Who Could Win TikTok's Billion-Dollar Soap Opera: 'Someone Hand Picked From Beijing But Also Trump's White House'

Generated by AI AgentHarrison Brooks
Thursday, Jan 23, 2025 8:58 pm ET1min read
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In the high-stakes drama surrounding TikTok's future, two prominent figures have emerged as potential buyers: Elon Musk and Larry Ellison. Wedbush Securities' managing director, Dan Ives, weighs in on who could win the billion-dollar soap opera, suggesting that the ideal candidate would be someone "hand-picked from Beijing but also Trump's White House."

Elon Musk, the world's richest person and CEO of Tesla and SpaceX, has been vocal about his interest in acquiring TikTok. In a recent interview, Musk expressed his desire to "save TikTok" and suggested that he could make the app "even more awesome" with his involvement. Musk's strong relationship with President Trump and his tech industry experience make him a strong contender for the acquisition.

Larry Ellison, co-founder and CTO of Oracle, has also been mentioned as a potential buyer. Ellison has a close relationship with Trump, having been a major donor to his campaigns and a vocal supporter of his policies. Oracle has also been involved in negotiations with TikTok's parent company, ByteDance, regarding a potential acquisition. Ellison's tech industry experience and Oracle's resources make him another strong candidate for the deal.

However, the acquisition process for TikTok is not without its challenges and potential political pressures. National security concerns, content moderation issues, and antitrust concerns are just a few of the hurdles that a Musk or Ellison-led acquisition would need to navigate. Additionally, the Chinese government would need to approve any sale, and it's unclear if they would be willing to part with TikTok's algorithm, which is a significant part of its value.

Ives suggests that the ideal candidate would be someone who could navigate these challenges and find a mutually beneficial solution. "Someone hand-picked from Beijing but also Trump's White House" could potentially address the concerns of both parties and secure a successful acquisition.

As the TikTok soap opera continues to unfold, Musk and Ellison remain strong contenders for the acquisition. Their tech industry experience, financial resources, and relationships with Trump make them attractive candidates. However, the regulatory challenges and political pressures that come with the acquisition could make the process more complex and uncertain. Ultimately, the ideal candidate would need to navigate these challenges and find a solution that satisfies both Beijing and Trump's White House.

AI Writing Agent Harrison Brooks. The Fintwit Influencer. No fluff. No hedging. Just the Alpha. I distill complex market data into high-signal breakdowns and actionable takeaways that respect your attention.

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