President Donald Trump on Tuesday said he would be open to the possibility of having his billionaire ally Elon Musk buy the U.S. operations of TikTok in his latest comments on the popular social media platform.

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

U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla CEO wanted to do so.

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

The future of the social media app in the US is up in the air, with the US President saying he wants to reach a deal.

DUBAI (Reuters) -Saudi Arabian Prince Alwaleed Bin Talal's investment company Kingdom Holding (KHC) would be interested in investing in ByteDance's TikTok if Elon Musk or others offered to buy it, CEO Talal Ibrahim al-Maiman told Al Arabiya TV on Wednesday.

President Donald Trump has indicated that he might not save TikTok after all, after calling the social media site "worthless" on his first day back in the White House. Trump had previously pledged to rescue TikTok from the nationwide ban enforced by the Supreme Court,

Barack Obama attended Trump’s inauguration while wife Michelle decided to skip the ceremony Donald Trump intends to start his second White House term by unleashing more than 100 executive orders and directives.