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.

As the clock ticks down on TikTok's 75-day reprieve from divesting from its Chinese owners or being banned in the United States, several contenders are in the running. Musk has criticized the potential ban,

Tesla ( TSLA) stock jumped more than 6% Friday amid speculation that CEO Elon Musk could potentially buy TikTok. The social media platform needs to find an American buyer, or it will effectively face a countrywide ban starting next week — and Musk is reportedly the most likely candidate.

I met with the owners of Tiktok, the big owners, it’s worthless if it doesn’t get a permit,” Trump said. “It’s worth like a trillion dollars.”

Content creator Jimmy Donaldson, known on the Internet as MrBeast, has made it clear he is interested in buying TikTok. Donaldson has the most subscribers of any user on YouTube— over 340 million—and boasts over 113 million TikTok followers.

Tesla bull Ross Gerber doubts the effectiveness of Donald Trump's executive order to delay TikTok's federal ban, citing national security laws, as Elon Musk's X emerges as a contender for TikTok's U.S.

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

Tesla's valuation climbed today alongside reports that CEO Elon Musk could be involved in a deal to purchase TikTok from ByteDance -- its Chinese parent company. The electric vehicle (EV) leader's stock also appears to be getting a boost related to the inauguration of President-elect Trump this coming Monday.

An early payoff has already been scored by TikTok, the video-sharing app that spent months currying favor with the then-candidate Trump in hopes that if he won the election, he would help it survive a threatened shutdown.

President Donald Trump has signed an executive order Monday to keep TikTok operating for 75 days, a relief to the social media platform’s users even as national security questions persist.

For many of America’s 170 million TikTok users, US President Donald Trump’s move to delay a legal ban of the popular social media platform was cause for celebration. But in China, where TikTok’s parent company is based,

Trump Says He Is Open to Musk Buying TikTok if Tesla CEO Wants to Do So By Steve Holland and Kanishka Singh WASHINGTON (Reuters) - U.S. President Donald Trump said on Tuesday he was open to ...