On Monday, President Donald Trump signed an executive order to kickstart the creation of a U.S. sovereign wealth fund, which he suggested could be used to purchase TikTok, the popular social media platform currently under threat of a ban in the United States. President Trump highlighted the potential of sovereign wealth funds as an instrument for larger economic capabilities, stating, 'Other countries have sovereign wealth funds, and they’re much smaller countries, and they’re not the United States. We have tremendous potential in this country.' The concept is that these funds will pool governmental surplus, often from successful economic activities, and invest in a variety of assets including companies like TikTok. TikTok, facing critical pressure from the Supreme Court's divest-or-ban law, is racing against time to outline a strategy ahead of an upcoming deadline in April. After momentarily going dark earlier this year, TikTok has now been reinstated, but the clock is ticking. The platform has over 170 million users in the U.S. alone, and with the stakes extremely high, the discussions around potential buyers—be it a government approach via the sovereign wealth fund or private interests like Elon Musk or Larry Ellison—indicate a significant turning point for the app's future in America. As Treasury Secretary Scott Bessent mentioned, the fund could be operational within the next 12 months, positioning it to play a pivotal role in potential negotiations around TikTok's future.