President Donald Trump on Monday said there is a lot of interest in TikTok, as his administration seeks to broker a sale of the popular app.
“GREAT INTEREST IN TIKTOK! Would be wonderful for China, and all concerned,” Trump wrote in a post on Truth Social.
The app’s fate has been up in the air since a law requiring its Chinese owner ByteDance to either sell it on national security grounds or face a ban took effect on Jan. 19.
Trump, after taking office on Jan. 20, signed an executive order seeking to delay by 75 days the enforcement of the law.
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“We might put that in the sovereign wealth fund, whatever we make or we do a partnership with very wealthy people, a lot of options,” he said of TikTok. “But we could put that as an example in the fund. We have a lot of other things that we could put in the fund.”