Microsoft ( MSFT -2.14%) is in talks to purchase TikTok, according to President Trump. Although Microsoft has declined to comment so far, it was the top bidder back in 2020, before talks collapsed alongside Trump's departure from office.

Per The Guardian, when a reporter aboard Air Force One on Monday asked if Microsoft was in talks to buy TikTok, Trump said, "I would say yes," adding that there is "a lot of interest in TikTok. There’s great interest in TikTok.

U.S. President Donald Trump told reporters on Monday that Microsoft is in talks to acquire TikTok and that he would like to see a bidding war over the app.