Will Elon Musk save TikTok? President Trump says he’s open to the idea of the tech billionaire and political ally buying the wildly popular social media app as a way to ensure its long-term survival in the U.S. The president signed an executive order earlier this week to delay a TikTok ban in America amid longstanding concern that the app — owned by the China-based company ByteDance — is a national security threat.
… A Musk-led deal to buy TikTok is by no means a sure thing, but if it happens it would give the controversial and increasingly powerful figure even more control over American politics, media, and culture. He already owns the social media platform X, is CEO of the companies Tesla and SpaceX, and has been tapped to lead the Trump administration’s proposed unofficial “Department of Government Efficiency.” He was expected to lead that panel alongside former GOP presidential candidate Vivek Ramaswamy, but Mr. Ramaswamy unexpectedly announced his exit from the project just hours after Mr. Trump’s inauguration on Monday to prepare for an expected run for governor of Ohio.
… Mr. Musk, meanwhile, was hanged in effigy in Italy on Wednesday after an incident Monday in which some observers said he appeared to give a Nazi salute to an audience in Washington. It’s worth stressing that even the Anti-Defamation League refuted the Nazi salute allegation, while Mr. Musk responded by saying, “The ‘everyone is Hitler’ attack is sooo tired.”
… Mr. Trump fulfilled another campaign promise by canceling former President Biden’s executive order on artificial intelligence, removing federal regulations on the emerging technology. Separately, the president announced a major new private AI infrastructure investment pledge backers say will create as many as 100,000 American jobs.
… The acting commandant of the Coast Guard says the service will surge forces to the southern border immediately as part of the Trump administration’s crackdown on illegal immigration.
… New Secretary of State Marco Rubio spoke to State Department employees Tuesday evening and made clear “there will be changes” inside the government’s diplomatic arm, though he said those changes won’t be “destructive” or “punitive.”
… Defense secretary nominee Pete Hegseth’s former sister-in-law submitted an affidavit to the Senate Armed Services Committee saying she believes the former Fox TV host has an alcohol problem and was abusive to his ex-wife. It’s a potential roadblock to Mr. Hegseth’s Senate confirmation, which was expected as soon as this week.
… The fragile Israel-Hamas ceasefire could lead to a rapid drop in international freight prices, which spiked amid attacks by Iran-backed Houthi rebels on commercial ships in the Red Sea. The Houthis have said they’ll curb those attacks and target only Israeli vessels after the ceasefire announcement.
… And JPMorgan Chase CEO Jamie Dimon said everyone should “get over it” and accept that Mr. Trump’s proposed economic tariffs could be good for U.S. national security, even if they spark a bit more inflation.