Trump Floats Musk, Ellison as TikTok Buyers. There Are Still Some Big Questions to Answer
As the deadline for TikTok's U.S. operations looms, President Trump has floated the idea of Elon Musk and Larry Ellison as potential buyers for the popular video-sharing app. While this could be a game-changer for TikTok's future, there are still some big questions to answer before any deal can be finalized.
First and foremost, the valuation of TikTok's U.S. operations is a significant factor in any potential acquisition. Wedbush analyst Dan Ives estimates the value to be between $40 billion and $50 billion, without the proprietary algorithm. With the algorithm, the value could skyrocket to $100 billion or more. However, the U.S. government's proposed 50% ownership stake could significantly increase the valuation, potentially making TikTok worth $1 trillion, according to Trump.
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