
Trump puts the value of TikTok at about $1 trillion and wants the US to keep 50% with Oracle’s founder and Elon Musk as potential holders: “The deal i think is this, I have met with the owners of TikTok, the big owners. It is worthless if it doesn’t get a permit. With a permit, it is worth like $1 trillion. So what I am thinking about saying to somebody buying it is, buy it and give half to the United States of America and we will give you the permit and have a great partner, the United States.
“That’s something more valuable and they have a very great partner because the United States will make it worthwhile for them in terms of permit. Think of it, you have an asset that has no value, or a $1 trillion value. It all depends on whether or not the United States gives the permits. So what I am saying is let the United States give the permit and the United States should get half.”
But no matter what happens with TikTok, I just noticed that laws do bend around humans. I mean TikTok is already an illegal product in America based on a LAW. That it is still working reminds everyone here that the most important course in business is Political Economy 101. Good People, democrats and republicans put out a bill on TikTok and Biden made it a law, and later, the Supreme Court affirmed it, and yet that product remains, meaning that it is not the letters, but the humans at play.
Register for Tekedia Mini-MBA edition 16 (Feb 10 – May 3, 2025) today for early bird discounts.
Tekedia AI in Business Masterclass opens registrations.
Join Tekedia Capital Syndicate and co-invest in great global startups.
Register to become a better CEO or Director with Tekedia CEO & Director Program.
In Nigeria, in America, in the UK, and anywhere, Political Economy 101 delivers alpha because rule of law bends! Ideally, no human can change the path of that law. Largely, it is only the act of the US Congress where another bill will be passed and then signed into law by a President that could save or delay the law against TikTok. But an executive order which is not typical punted a law, making it clear why important business leaders should not be far from politicians. Yes, they can make laws against you fade because politicians are the real (even if temporary) high priests of laws and not those justices.
Trump Open to Elon Musk or Oracle’s Larry Ellison Purchasing TikTok Amid National Security Concerns
---
Register for Tekedia Mini-MBA (Feb 10 - May 3, 2025), and join Prof Ndubuisi Ekekwe and our global faculty; click here.