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In addition to its captivating dance tutorials and detailed cooking guides, TikTok has recently become a central topic in mainstream media. This attention stems from recent legislative efforts to ban the social app from the United States.
When a widely beloved app like TikTok faces the threat of being banned, it inevitably sparks nationwide concern. Influencers and users alike are rallying to advocate for the app’s continued availability in the U.S. The outcome of this situation hinges on whether ByteDance, the Chinese company that owns TikTok, decides to sell its shares and divest from the app. The U.S. government’s rationale for the ban is its belief that the app’s current ownership poses a threat to national security.
Given the uncertainty surrounding TikTok’s future in the U.S., many users are curious about its status as a publicly traded company. They are eager to know if they can invest in or own a stake in the platform.
As of the time of writing, TikTok is not publicly traded. Due to ByteDance’s ownership, individuals cannot purchase shares of the app directly. However, there is an indirect way to invest in TikTok. By purchasing shares of private equity companies that have a stake in TikTok, individuals can indirectly invest in the platform.
For those interested in profiting from TikTok before it potentially becomes unavailable for download in the U.S., it is advisable to explore investment opportunities while the app’s stock value remains high.