Overview

• TikTok faces an April 5 deadline to divest its U.S. operations from Chinese parent company ByteDance or risk a ban under U.S. law.
• President Trump indicated he would 'probably' extend the deadline if necessary, though no extension is currently planned.
• The sale has attracted interest from high-profile bidders, including Alexis Ohanian, Kevin O'Leary, and Elon Musk, among others.
• Trump emphasized that China's approval would be a key factor in any deal and reiterated the national security concerns driving the divestment requirement.
• TikTok briefly went offline in January after missing a prior deadline but was restored following an executive order from Trump granting a 75-day extension.