U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla CEO wanted to do so.

Elon Musk, a close Donald Trump advisor questioned the value of the investment. Sam Altman responded, saying Elon Musk was “wrong, as you surely know”.

Stocks are approaching records in the first couple of days of Trump's presidency, with more pronounced moves in specific corners of the market this week.

Tesla, prison operators and other notable "Trump trades" were volatile on Tuesday as investors assessed a blitz of executive orders by President Donald Trump within hours of taking the oath of office.

Open AI CEO Sam Altman, Oracle co-founder Larry Ellison and Softbank CEO Masayoshi Son appeared alongside President Donald Trump to announce the Stargate plan.

The president said he’s also open to another tech giant to acquire TikTok: Larry Ellison, co-founder of Oracle. Ellison was present at the White House for a $500 billion AI infrastructure partnership between the Trump administration and OpenAI, Softbank and Oracle. Oracle, a software company, houses most of TikTok's servers

The big market story today is the return of Donald Trump. After being sworn in yesterday, Trump signed a flurry of executive orders whose impacts are rippling through the market. In addition, market participants are watching what Trump says about tariffs closely.

From the stock market impact to tariffs and inflation, what will Trump's second term mean for your money? The team at MoneyWeek is reporting live.

He also announced private sector investments of up to $500 million to build artificial intelligence infrastructure. Keep up with the USA TODAY news team for updates:Start the day smarter.

Donald Trump is remaking the traditional boundaries of Washington, unleashing unprecedented executive orders and daring anyone to stop him