Trump rescues TikTok: Let the US hold 50% of the shares to continue operating, is Musk a potential buyer?

US President-elect Trump announced on Monday that he will sign an executive order to extend the effective period of the TikTok ban, providing more time for the government and businesses to negotiate a solution balancing national security and economic interests. At the same time, TikTok-related issues and user trends have once again become a hot topic in the market. (Previous summary: Trump meme coin $TRUMP is no stranger to rat trading: buying 1 million pounds worth of coins in one minute, with a current profit of over 110 million pounds) (Background update: Is Trump meme coin $TRUMP a scam? Market cap surpasses PEPE to become the third largest MEME, team holds 80% of the token...) US President-elect Trump will be inaugurated tonight and he earlier announced on Truth Social, his social media platform, that he will sign an executive order on Monday to extend the effective period of the TikTok ban, providing more time for the government and relevant businesses to negotiate a solution to protect national security. By extending the ban, he urges cooperation to protect national security. Trump stated that before the executive order officially takes effect, any company that assists in preventing the closure of TikTok will not be held legally responsible. I urge all companies not to let TikTok disappear! The United States must hold a 50% stake in joint ventures to ensure that TikTok becomes a trusted part of America. We hope to continue to let TikTok grow and thrive while protecting national security. Trump further explained that the United States should have more control in future TikTok cooperation models, which will not only help consolidate national security but also enhance TikTok's economic value: Without permission from the United States, there is no TikTok. The value of TikTok could be as high as several billion dollars or even trillions of dollars. Trump's social media platform, Truth Social, and the TikTok controversy and user exodus. In April of last year, the US Congress passed a bill that required TikTok's Chinese parent company, ByteDance, to divest TikTok in the United States by January 19th for national security reasons, otherwise its operations in the United States would be prohibited. TikTok has been targeted by the US government multiple times in the past due to national security concerns, and now it faces the risk of a complete ban. However, during this period, many users have migrated to other platforms, such as China's Xiaohongshu, driving Xiaohongshu to become the most downloaded application on the US Apple App Store recently. Extension Reading: US TikTok refugees flock to Xiaohongshu, concept meme coins momo, REDnote...soaring popularity. Will TikTok be acquired? On the other hand, foreign media have repeatedly reported potential buyers for acquiring TikTok's US business, and insiders have revealed that Musk is one of the potential candidates under discussion. If the deal becomes a reality, his social platform X may take over TikTok's business in the United States. Market analysis believes that this move will not only attract more advertisers but also help Musk's AI company utilize the massive user data generated by TikTok to enhance technological development. At the same time, Musk's experience in maintaining good interaction with the Chinese government through Tesla's business is also seen as one of the advantages that make him a suitable candidate. However, there have been no clear developments in the details of the transaction. Related reports: Bloomberg: Xiaohongshu plans to sell equity, Sequoia Capital, Tencent are potential buyers. Next step, IPO? US TikTok refugees flock to Xiaohongshu, concept meme coins momo, REDnote...soaring popularity. Full Family Cryptocurrency Speculation: Melania also promotes meme coin $MELANIA! Community outrage: Fed up with being taken for fools (Trump saves TikTok: Letting the US hold a 50% stake to continue operations, is Musk a potential buyer?) This article was originally published on BlockTempo, the most influential blockchain news media in the Dynamic Zone.