TikTok: White House starts account ahead of ban deadline

AWANI

The White House has launched an official TikTok account, less than a month before its parent company ByteDance is due to sell the app or face a federal ban.

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00:00Billionaire Elon Musk is stepping back from plans to launch a new political party,

00:05citing a desire to maintain ties with U.S. Vice President J.D. Vance.

00:10According to The Wall Street Journal,

00:11Musk acknowledges that forming a new party could strain that relationship.

00:17Just last month, Musk unveiled the America Party after clashing with President Donald Trump.

00:23Today, Musk, the world's richest man, said he may instead use his wealth to support Vance in 2028.

00:30This move would not be his first major political investment.

00:33In 2024, Musk spent nearly $300 million backing Trump and other Republicans,

00:40gaining significant political influence in the process.

00:42He has also told allies he wants to focus on his companies as Tesla faces growing challenges.

00:49Shares of the company have fallen more than 18% this year,

00:53with the company reporting its worst sales decline in over a decade.

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