A law passed in 2024 was slated to ban TikTok if the company wasn't sold to American owners. Now, at the end of September 2025, a deal could be signed by President Donald Trump that would comply with the law that sought to ban TikTok by selling it to a group of American investors.
The deal, once signed, would see the current owner, ByteDance, maintain a 20% stake in the company. TikTok's U.S. operations would be run by a new joint-venture company, marking a significant shift in the way TikTok conducts business. It would also be a sizable win for TikTok content creators and users, as their platform of choice would stick around.
TikTok Deal — Live updates
Deadline extending might finally be over
President Trump has extended the TikTok ban deadline several times in a attempt to allow Byte