Nairobi, Kenya- The drama surrounding TikTok’s future in the U.S. just got another plot twist.
President Donald Trump confirmed on Sunday that his administration is in talks with four potential buyers for the Chinese-owned social media giant.
“We’re dealing with four different groups, and a lot of people want it … all four are good,” Trump told reporters aboard Air Force One.
But whether a deal is imminent? His response: “It could.” Classic Trump—just enough to keep everyone guessing.
Deadline Looms, but a Delay Offers Some Breathing Room
The uncertainty stems from a U.S. law that requires TikTok’s parent company, ByteDance, to sell the platform or face a nationwide ban over national security concerns.
Originally set to take effect on January 19, the law was temporarily pushed back after Trump signed an executive order delaying enforcement by 75 days—giving buyers, regulators, and TikTok users a little more time to figure out what happens next.
As of now, neither TikTok nor ByteDance has responded to media inquiries.
But with analysts estimating TikTok’s value at a staggering $50 billion, it’s no surprise that big players are circling the app like hawks.
US President Donald Trump says that his administration was in touch with four different groups about the sale of Chinese-owned social media platform TikTok, and that all options were good reut.rs/41E2lW6
Who’s in the Race to Buy TikTok?
While the list of interested buyers remains largely under wraps, one name has surfaced: Frank McCourt, the former owner of the Los Angeles Dodgers.
McCourt has expressed interest in acquiring the wildly popular platform, though details on his bid remain scarce.
Former LA Dodgers owner Frank McCourt has expressed interest. reuters.com/technology/tru…
Other potential buyers could include U.S. tech giants or investment firms eager to take control of TikTok’s massive user base.
However, regulatory scrutiny and political tensions between the U.S. and China could complicate any deal.
As the deadline approaches, the pressure is on. Will ByteDance strike a deal? Will TikTok find a new American home? Or is the app headed toward a legal battle and potential ban?