US President Donald Trump has signed an executive order approving the sale of TikTok’s US operations, putting the deal’s value at an estimated $14 billion.
The decision follows months of negotiations over the future of the popular video-sharing app, which has faced scrutiny in Washington over data security concerns. The order clears the way for TikTok’s US assets to be transferred to American ownership under terms designed to address national security risks.
Trump hailed the move as a victory for both US investors and the millions of Americans who use the platform daily. He said the agreement ensures TikTok can continue operating in the country while keeping user data protected.
The announcement marks a significant development in the tech industry, with analysts noting that the $14 billion valuation underscores the app’s massive cultural and commercial influence. The deal is expected to close pending final regulatory approvals.
