release/strong>/a>./u00a0/p>/n/u201cWe see this potential acquisition as an incredible opportunity to catalyse an alternative to the current tech model that has colonised the internet\u201d.\u00a0<\/p>\n<p>The group said in December it had secured commitments from investors - which it did not disclose - totalling more than $20 billion (\u20ac19.1 billion) in capital, according to the <a href=https://www.euronews.com/"https:////apnews.com//article//tiktok-buyers-divestment-ban-8429dfb422c4cefb6b0807aeb2c5cd56/">AP/strong>/a>./u00a0/p>/nTrump weighs in on TikTok<\/h2><p>If it was up to President Trump, TikTok would go to Tesla CEO Elon Musk or Oracle Chairman Larry Ellison.\u00a0<\/p>\n<p>Trump told reporters at a press <a href=https://www.euronews.com/"https:////www.cnbc.com//2025//01//21//trump-says-hes-open-to-tiktok-sale-to-elon-musk-or-larry-ellison-.html/">briefing/strong>/a> on Tuesday, shortly after his inauguration, that he would be \u201copen\u201d to Musk or Ellison buying the platform if either of them wants it, according to CNBC.\u00a0<\/p>\n<p>Musk\u2019s name was first floated after <a href=https://www.euronews.com/"https:////www.bloomberg.com//news//articles//2025-01-14//china-discusses-sale-of-tiktok-us-to-musk-as-one-possible-option/">Bloomberg/strong> <\/a>reported that Chinese officials were in talks to sell part of the app\u2019s operations in the US to Musk.\u00a0<\/p>\n<p>Musk said on his social media platform <a href=https://www.euronews.com/"https:////x.com//elonmusk//status//1880975630646612254/">X/strong>/a> that he\u2019s been against a TikTok ban \u201cfor a long time\u201d because the ban goes against \u201cfreedom of speech\u201d.\u00a0<\/p>\n<div class=\"widget widget--type-tweet widget--size-fullwidth widget--align-center\">\n <div class=\"widget__wrapper\">\n <div class=\"widget__ratio widget__ratio\u2014auto\">\n <div class=\"widget__contents\">\n <figure class=\"widget__figure\">\n <div class=\"widget__tweet\" data-tweet-id=\"1880975630646612254\"><\/div>\n <figcaption class=\"widget__caption\">\n <span class=\"widget__captionWrap\">\n <span class=\"widget__captionText\">Elon Musk on a potential TikTok ban<\/span>\n <\/span>\n <\/figcaption>\n <\/figure>\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n\n<p>\u201cThat said, the current situation where TikTok is allowed to operate in America, but X is not allowed to operate in China is unbalanced,\" Musk wrote.\u00a0<\/p>\n<p>Ellison on the other hand has not publicly commented on a TikTok acquisition this time around, but the company won a bid in 2020 to become the app\u2019s cloud technology <a href=https://www.euronews.com/"https:////www.oracle.com//news//announcement//oracle-chosen-as-tiktok-secure-cloud-provider-091920///">provider/strong>./a>/p>/n