Is Donald Trump proposing to buy TikTok? Here’s how he plans to save the social media platform

In a bold move to address national security concerns while preserving millions of American jobs, President-elect Donald Trump has proposed a unique solution for the popular social media platform TikTok.

Speaking at a rally ahead of his 2025 inauguration, Trump suggested that the United States own 50% of TikTok, allowing the platform to continue operating while adhering to the law mandating divestment from its Chinese parent company, ByteDance, as mentioned in the report by USA Today.

A Strategic Rescue for TikTok

Trump, addressing an energized crowd at the Capital One Arena on Sunday, emphasized the importance of TikTok's role in engaging young voters and contributing to the U.S. economy.


The platform, which boasts 170 million American users, faced a potential shutdown under a law that went into effect on Sunday, requiring ByteDance to sell its U.S. operations or face a ban due to national security concerns.

"We have no choice. We have to save a lot of jobs," Trump stated, underscoring his decision to intervene.

He argued that allowing TikTok to cease operations would not only cost jobs but also hand over significant business opportunities to other nations.

Joint Venture

The president proposed a joint venture model, which would allow TikTok to retain its value while satisfying the legal requirements.

"I'll approve, but let the United States of America own 50% of TikTok," Trump declared.

He assured the crowd that the U.S. government would not invest funds but would provide the necessary approval for the agreement.

This arrangement, according to Trump, would ensure the platform remains operational while benefiting American interests.

"We're going to have a lot of bidders. The United States will do what we call a joint venture," he added, highlighting the financial potential of the deal.

Executive Order and Congressional Authority

Trump's proposal comes just days after the Supreme Court upheld the bipartisan law signed by President Joe Biden, which mandated TikTok’s divestment to mitigate risks associated with its Chinese ownership.

Trump reminded the audience that Congress had granted the president the authority to craft a solution that fulfills these legal requirements.

"So, very simply, a joint venture," Trump explained.

"If TikTok is worth nothing without approval, this way it retains its value, and the United States benefits."

He expressed confidence in the plan, stating, "Whether you like TikTok or not, we're gonna make a lot of money”, as quoted in a report by USA Today.

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