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. Bloomberg News reported last week that Chinese officials were in preliminary talks about a potential option to sell TikTok's operations in the United States to Musk, though the company has denied that. Trump on Monday signed an executive order seeking to delay by 75 days the enforcement of the law that was put in place after U.S. officials warned that under Chinese parent company ByteDance, there was a risk of Americans' data being misused.
Trump unleashes a wave of first-day orders. Here's what matters for investors.
Donald Trump unveiled historic actions just hours after he was sworn in, with a wave of executive orders that included many areas of interest to investors and businesses.
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