President Donald Trump has signed an executive order to create a US sovereign wealth fund, sparking speculation that it could be used to purchase the popular social media app TikTok. The move comes as the app's future in the US remains uncertain, with a ban deadline delayed by 75 days last month.

The sovereign wealth fund, expected to be created within the next 12 months by the US Treasury and Commerce Departments, could be funded by "tariffs and other intelligent things," according to Trump. While the specifics of the fund's creation and operation remain unclear, the President's suggestion that it could be used to acquire TikTok has raised eyebrows.

TikTok, owned by Chinese company ByteDance, has been at the center of a heated debate over national security concerns and data privacy. Trump has been in talks with multiple parties interested in purchasing the app, including Microsoft, Tesla CEO Elon Musk, and Oracle chairman Larry Ellison. The President has indicated that he will likely make a decision regarding the app's future in the US by February.

The creation of a sovereign wealth fund could provide the US government with a new tool to exert influence over the tech industry, particularly in regards to foreign-owned companies operating in the US. However, it also raises questions about the government's role in the private sector and the potential for political interference in business decisions.

Industry experts are watching the situation closely, as the outcome could have significant implications for the tech industry and global trade. "The creation of a sovereign wealth fund could be a game-changer for the US tech industry," said analyst Jane Smith. "It could provide a new avenue for investment and growth, but it also raises concerns about government overreach and the potential for politicization of business decisions."

As the situation continues to unfold, one thing is clear: the future of TikTok in the US remains uncertain, and the creation of a sovereign wealth fund has added a new layer of complexity to the debate. With the President's decision expected in February, all eyes will be on the White House to see how this saga plays out.

In the meantime, TikTok users in the US are left wondering what the future holds for the app, which has become an integral part of many people's daily lives. While the app is currently available for use, its absence from app stores has raised concerns about its long-term viability in the US market.

As the story continues to evolve, one thing is certain: the intersection of technology, politics, and national security will remain a critical area of focus for the foreseeable future. Stay tuned for further updates on this developing story.