U.S. Identifies Four Potential Buyers for TikTok
The U.S. government has identified four potential buyers for TikTok’s American operations, with a deal expected soon.
The Trump administration has lined up four potential buyers for TikTok’s U.S. operations.
President Trump confirmed that all options meet government approval, and a deal could be announced soon. Initially, the law banning TikTok in the U.S. was set to take effect on January 19, 2025, but after taking office, Trump granted a 75-day extension, pushing the deadline to April 5 to allow time for negotiations.
Speaking aboard Air Force One, Trump told reporters: “We're dealing with four different groups, and a lot of people want it ... all four are good.”
Experts estimate TikTok’s U.S. segment to be worth around $50 billion, making it accessible only to major consortiums. However, the sale still requires approval from Chinese regulators, as TikTok’s recommendation algorithms fall under China’s strict technology export restrictions.
