President Donald Trump said he would be open to billionaire supporter Elon Musk or Oracle Corp. Chairman Larry Ellison purchasing social video app TikTok as part of a joint venture with the US government.

The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have reached out.

"Shark Tank" investor Kevin O'Leary has said that he, in collaboration with former Los Angeles Dodgers owner Frank McCourt, would be interested in purchasing the app.YouTuber MrBeast also said in an X post on January 13,

The President said he would be open to the US billionaires purchasing social video app TikTok as part of a joint venture with the US government.

Frank McCourt’s Project Liberty and other investors have submitted a bid to buy TikTok from China-based ByteDance after a court-ordered divestiture or shutdown.

Billionaire Frank McCourt, Shark Tank investor Kevin O'Leary, tech entrepreneur Jesse Tinsley and MrBeast have all expressed interest in TikTok

China’s foreign and commerce ministries didn’t immediately respond to requests for comment on whether Beijing would allow the American government to own part of TikTok.

He proposed this deal during a press conference announcing a $500 billion investment in artificial intelligence infrastructure, though its legal feasibility remains unclear.

While TikTok temporarily went offline over the weekend, Trump signed an executive order on Jan. 20 – his first day in office – to extend the deadline for a sale by 75 days. While it’s not clear that Trump has the authority to extend the deadline,

President Trump delays TikTok ban with 75-day executive order, sparking interest in partial ownership and potential sales to U.S. companies.

U.S. businessman Frank McCourt is open to teaming up with other buyers on a bid to take over the U.S. operations of TikTok as long as he can maintain control of the asset, he told Reuters at the Davos event on Thursday.

MrBeast, one of the most successful internet creators, may join a bid by real estate mogul and Project Liberty founder Frank McCourt to buy TikTok's U.S. arm, McCourt told Axios' Sara Fischer in Davos on Wednesday.