TikTok users believe that Donald Trump is planning to buy the video-sharing app in 2023. Several content creators have talked about it thus users are wondering to find the legitimacy of this news. If you are among these users who are looking to know whether or not actually Donald Trump is planning to buy TikTok in 2023, we have gathered all the details for you. Keep reading to know whether Donald Trump is planning to buy the video-sharing TikTok or not.
The popular video-sharing app TikTok is currently making headlines among US users. Just recently, Congress members have grilled TikTok CEO Shou Zi Chew by asking questions related to their alleged access to the data of American users and storing it on the platform.
Following these security concerns, the app might get banned in the US. Content creators are not happy with this decision as the platform has become a source of income for several creators.
Amid this, a rumor saying that Donald Trump is planning to buy TikTok is making rounds on the internet. Several users are tricked into believing this rumor as Congress is already looking into regulating TikTok in the US. So, is Donald Trump really planning to buy TikTok? Here is everything we know about this rumor.
Is Donald Trump Buying TikTok In 2023?
As per the available information, Donald Trump has no any plans to buy TikTok in 2023. The rumor has gone viral after a Trump supporter was heard saying, “Guess who just announced that they are in the works for buying TikTok.”
As soon as this video was posted, it has gone viral across the video-sharing app and users started perceiving that Donald Trump is planning to buy TikTok in the current year.
Several Trump supporters have gathered under this video and one user has shared a news article from the year 2020 that talks about “Guess who just announced that they are in the works for buying TikTok.”
Trump supporters have further argued that the federal government is planning to ban TikTok because Trump had expressed his intentions of acquiring the video-sharing app.
Nonetheless, there is no evidence of Donald Trump’s intentions of buying the video-sharing app. So, for now, we perceive it to be a rumor. Donald Trump has no plans to buy TikTok as of writing.
Donald Trump Buying TikTok
The users who fear TikTok getting banned have found the rumor a favorable one and they have taken to Twitter to talk about it.
One user wrote, “Well, I hope this is true. But I wonder if Donald Trump has the money to buy such a big company. Praying TikTok doesn’t get banned”.
Another added, “Maybe not entirely but I am sure Trump is planning to buy a part of it.”
A third user said, “Nah, this isn’t true. POTUS was only brokering the deal between Oracle and Walmart. It’s not for him to buy”.
Though Donald Trump has not talked about buying the app, users are relating it to the rumor because he once gave a green signal to a deal between TikTok, Oracle, and Walmart. In this proposal from 2020, Oracle and Walmart were supposed to own minority stakes in TikTok while the rest of the shares would stay with TikTok.
The proposal was crafted with the aim to enable Oracle to store users’ detail. However, the deal fell apart after Joe Biden took over the charge.
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The Bottom Line
This was all the available information about whether Donald Trump is planning to buy TikTok or not. Hopefully, the information provided was helpful.