In a high-stakes battle over one of the world’s most popular social media platforms, U.S. President Donald Trump revealed that his administration is in discussions with four different groups regarding the sale of TikTok. With the fate of the Chinese-owned app uncertain, all options remain on the table.
TikTok has been under pressure since a law mandating its sale or ban on national security grounds took effect on January 19. After assuming office on January 20, Trump signed an executive order delaying enforcement by 75 days.
When asked aboard Air Force One if a deal was imminent, Trump responded, “It could.” He further emphasized, “We’re dealing with four different groups, and a lot of people want it … all four are good.” Neither TikTok nor its parent company, ByteDance, responded to Reuters’ requests for comment.
The uncertainty surrounding TikTok has drawn interest from multiple potential buyers, including former Los Angeles Dodgers owner Frank McCourt. Analysts estimate the platform’s worth at a staggering $50 billion.
With time running out, the battle for TikTok isn’t just about business—it’s about control over the digital landscape, data security, and the future of social media in the U.S.