President Donald Trump has signed an executive order directing the U.S. to start developing a government-owned investment fund that could be used to profit off of TikTok if an American buyer is found. Trump is looking for the U.S. to take a 50% stake in the social media platform. He mentioned that TikTok could be an example of what could be put in the new U.S. sovereign wealth fund. The fund would require congressional approval and is expected to be open within the next 12 months.