TikTok ban in US: Net worth, potential buyer, can Donald Trump save it?
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Several parties have expressed interest in buying the platform, but ByteDance has repeatedly said it does not plan to sell. Experts have also noted the Chinese government is unlikely to approve a sale that includes TikTok's coveted algorithm, AP reported.
TikTok Worth
Wedbush analyst Dan Ives estimates TikTok is worth «well north of $100 billion» with the algorithm — and potentially up to $200 billion in a «best case scenario.»
«Without the algorithm it’s $40 billion to $50 billion,» Ives said, adding he does not believe that ByteDance and Beijing would sell TikTok with the algorithm.
Can Donald Trump Intervene?
Before the Friday ruling, President-elect Donald Trump, who takes office on January 20, had asked the court to put a pause on the law so he can work out a «political resolution» to the issue during his second term.
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