President Donald Trump has indicated that negotiators may have found potential buyers for TikTok, the Communist Chinese government-tied social media platform.
Trump announced the development in an interview on the latest episode of Fox News’s Sunday Morning Futures with Maria Bartiromo. He stated that “very wealthy people” are interested in purchasing the app. Despite its growing popularity, many experts and U.S. lawmakers have warned it is a serious national security risk due to its ownership by ByteDance, in which the Chinese Communist Party (CCP) owns a financial stake and board seat.
“We have a buyer for TikTok, by the way,” Trump told Bartiromo. “I think I’ll need probably China’s approval. I think President Xi will probably do it.”
When asked who the buyer would be, Trump replied: “I’ll tell you in two weeks.”
Bartiromo then asked if the potential buyer was a Big Tech company, to which Trump answered, “a group of very wealthy people.”
The president’s optimistic prediction refers to CCP dictator Xi’s financial stake in ByteDance but also his government’s “civil-military fusion," where everything in the economic and tech spheres in China — including app data — has to be made available to the Chinese military. TikTok reportedly told U.S. senators in 2022, in response to an inquiry, that Chinese employees can access TikTok data.
While Congress set Jan. 19 of this year as the deadline for TikTok to be banned or sold to an American company, Trump extended the deadline in hopes of finding a buyer.
JUST IN: TRUMP: WE HAVE A BUYER FOR TIKTOK, A GROUP OF VERY WEALTHY PEOPLE
— Bruce Snyder (@realBruceSnyder) June 29, 2025
Trump: “We have a buyer for TikTok, by the way.”
Bartiromo: “Who's the buyer?”
Trump: “I'll tell you in about two weeks.” pic.twitter.com/tWmEhCFrLg
Back in 2022, Kara Frederick, the former director of The Heritage Foundation’s Tech Policy Center, warned that TikTok “is a CCP, a Chinese Communist Party spy app, and Americans are using it. They should get off.”
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