President Donald Trump has hinted that a buyer for TikTok is lined up and will be publicly announced “in about two weeks.” Speaking at a recent event, Trump suggested that behind-the-scenes negotiations are nearing completion, reigniting speculation about the future ownership of the popular social media app.
Trump, who during his presidency pushed for TikTok to be sold to a U.S. company over national security concerns, did not name the potential buyer but assured the public that the deal was “very real” and “good for America.” The remark comes amid renewed scrutiny over TikTok’s ties to China and the Biden administration’s efforts to enforce a nationwide divestiture or face a ban.
With tensions between Washington and Beijing continuing, and with bipartisan pressure mounting in Congress, Trump’s announcement could signal a significant shift in the platform’s ownership and future in the U.S. market. However, until more details emerge, the identity of the buyer and the structure of the deal remain uncertain.
All eyes now turn to the coming weeks as both regulators and tech insiders await confirmation.