Ooh, a sovereign wealth fund, like Saudi Arabia? Purchasing a social media app?

That’s called state-owned media - which is a hallmark of China, Russia, North Korea, etc. Not exactly a bastion of fair and free information.

https://techcrunch.com/2025/02/03/trump-says-new-us-sovereign-wealth-fund-could-purchase-tiktok/

Trump says new US sovereign wealth fund could purchase TikTok | TechCrunch

President Donald Trump signed an executive order on Monday to create a U.S. sovereign wealth fund and suggested that it could be used to purchase TikTok.

TechCrunch