You are currently viewing How a Sale of TikTok Would Work and Who Might Buy It

A new law says TikTok must be sold to a non-Chinese owner or face a ban in the United States. President Trump has thrown out a lot of options for a potential sale.

There’s a new parlor game on Wall Street: guessing TikTok’s next owner.

President Trump signed an executive order in January that delayed enforcement of a law that banned the popular video app. Under the order, the app must now be sold to a non-Chinese owner by early April.

Since he signed the order, Mr. Trump has dropped a flurry of sometimes conflicting hints about how the next several weeks could play out: He has suggested he wants a bidding war; he has said the United States should own part of the app; he has named Microsoft and Elon Musk as potential buyers, even as others have raised their hands.

But the mechanics of a potential sale are still murky.

ByteDance, TikTok’s owner,

Keep reading this article on The New York Times Media & Advertising.

Leave a Reply