Globally, over 90 nations manage their finances through sovereign wealth funds, utilizing surplus income to secure economic stability for future generations, yet the U.S. experiences a budget deficit. Trump reiterated his vision of creating significant wealth for the fund, previously suggesting that funding could come from "tariffs and other intelligent things," as he seeks to implement tariffs on key trading partners including China, Canada, and Mexico, although the latter two have currently had their impending levies paused.

Treasury Secretary Scott Bessent has indicated that the establishment of the fund is expected within the next year, focusing on monetizing government assets for the public good. Citing examples from nations like Saudi Arabia and Norway, which benefit from fossil fuel revenues, Trump pointed towards financing national initiatives such as infrastructure and medical research through this fund.

In light of national security issues, Trump revealed that TikTok could potentially be encompassed within the fund's portfolio. Following prior threats to ban the Chinese-owned platform over data privacy disputes, the Trump administration is now exploring alternatives, promising a solution amidst user outcry against a complete shutdown.

Trump commented on the potential integration of TikTok into the fund, stating, "If we make the right deal, we'll do it. Otherwise, we won't." However, he also acknowledged ongoing discussions involving tech giant Microsoft, which is vying for TikTok's ownership amid a backdrop of rising interests from other industry leaders like Larry Ellison and Elon Musk.

As debates regarding TikTok’s future in the U.S. continue, the proposed sovereign wealth fund could reshape the economic landscape while addressing technology and national security concerns.